Bill Baruch, Mark Tepper Discuss Consumer Staples On 'Trading Nation'

During Wednesday's edition of “Trading Nation,” Bill Baruch of Blue Line Futures said General Mills, Inc. GIS is going through some hurdles but it's not indicative of the entire sector.

“You have a more health conscious consumer and the more healthier and natural options are weighing on their sales,” Baruch said.

He still loves Consumer Staples Sect. SPDR XLP and there is a great floor to be long at $55.

Mark Tepper of Strategic Wealth Partners said you need to be selective in the consumer staples and the name he likes is PepsiCo, Inc. PEP.

“Most people think beverages when they think Pepsi, but actually our favorite business within Pepsi is Frito-Lay,” said Tepper. “Snacks is a theme worth playing and Frito-Lay is a giant that is going to drive near-term performance for them.”

Tepper would not look to buy the sector, but would be looking for specific names.

Related Links:

General Mills Falls After Q4 Sales Miss

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