I THINK ONLINE LEARNING MAY BE
COMING TO THE FORE, A GREAT
COMING TO THE FORE, A GREAT
DEAL.
DEAL.
CHARLIE, CABOT, THANKS.
CHARLIE, CABOT, THANKS.
WE APPRECIATE IT.
WE APPRECIATE IT.
KRISTINA AT THE NEW YORK
KRISTINA AT THE NEW YORK
STOCK EXCHANGE, WINNERS, TELL ME
STOCK EXCHANGE, WINNERS, TELL ME
MORE.
MORE.
KRISTINA: WINNERS IN THE
KRISTINA: WINNERS IN THE
CONSUMER STAPLES OR THE SECTOR I
CONSUMER STAPLES OR THE SECTOR I
SHOULD SAY.
SHOULD SAY.
THE SECTOR IS A LOSER BUT NOT
THE SECTOR IS A LOSER BUT NOT
LOSING AS MUCH AS EVERYTHING
LOSING AS MUCH AS EVERYTHING
ELSE ACROSS THE BOARD.
ELSE ACROSS THE BOARD.
I WANT TO TALK ABOUT BIG
I WANT TO TALK ABOUT BIG
GAINERS, CONAGRA, MAKE DUNCAN
GAINERS, CONAGRA, MAKE DUNCAN
HINES.
HINES.
CLOROX IS DOING WELL BECAUSE OF
CLOROX IS DOING WELL BECAUSE OF
CLEANING PRODUCTS GARY KALTBAUM,
CLEANING PRODUCTS GARY KALTBAUM,
HE SAYS CLOROX WILL BE
HE SAYS CLOROX WILL BE
EXPIRATION DATE FOR THE COMPANY.
EXPIRATION DATE FOR THE COMPANY.
ONCE PEOPLE START BUYING ALL THE
ONCE PEOPLE START BUYING ALL THE
PRODUCTS.
PRODUCTS.
THEY WILL HAVE THEM IN THEIR
THEY WILL HAVE THEM IN THEIR
HOUSE, THEY WILL NOT NEED THEM
HOUSE, THEY WILL NOT NEED THEM
FOR MANY MONTHS TO COME.
FOR MANY MONTHS TO COME.
THIS IS SOMETHING TO KEEP IN
THIS IS SOMETHING TO KEEP IN
MIND IF YOU’RE PLAYING MARKET
MIND IF YOU’RE PLAYING MARKET
AND BUYING A LOT OF COMPANIES.
AND BUYING A LOT OF COMPANIES.
MAY NOT NECESSARILY BE A MEDIUM
MAY NOT NECESSARILY BE A MEDIUM
TERM HOLD.
TERM HOLD.
PROCTOR & GAMBLE, IF WE SEE THAT
PROCTOR & GAMBLE, IF WE SEE THAT
ON THE BOARD, $121 ALSO IN THE
ON THE BOARD, $121 ALSO IN THE
GREEN, UP ALMOST 2 1/2% AS WELL.
GREEN, UP ALMOST 2 1/2% AS WELL.
WALMART, WE’LL BRING THAT STOCK
WALMART, WE’LL BRING THAT STOCK
UP.
UP.
YOU CAN SEE GAINING AS WELL,
YOU CAN SEE GAINING AS WELL,
FOUR 1/2.
FOUR 1/2.
KROGER.
KROGER.
WALGREENS, BOOTS ALLIANCE,
WALGREENS, BOOTS ALLIANCE,
CONSUMER STAPLES.
CONSUMER STAPLES.
PEOPLE ARE GOING TO THE STORES.
PEOPLE ARE GOING TO THE STORES.
THEY’RE STILL STAYING OPEN TO
THEY’RE STILL STAYING OPEN TO
PROVIDE CONSUMER STAPLES.
PROVIDE CONSUMER STAPLES.
MANY, EVEN GENERAL MILLS, THIS
MANY, EVEN GENERAL MILLS, THIS
MORNING, GENERAL MILLS THEIR
MORNING, GENERAL MILLS THEIR
PLANTS ARE RUNNING AT CAPACITY.
PLANTS ARE RUNNING AT CAPACITY.
MORE PEOPLE UNFORTUNATELY PANIC
MORE PEOPLE UNFORTUNATELY PANIC
HOARD WHICH WE SAW YESTERDAY.
HOARD WHICH WE SAW YESTERDAY.
STORES ARE RESTOCKING.
STORES ARE RESTOCKING.
YOU DON’T NECESSARILY NEED TO
YOU DON’T NECESSARILY NEED TO
HOARD ALL OF THE TOILET PAPER
HOARD ALL OF THE TOILET PAPER
IMAGINABLE IN YOUR BASEMENT.
IMAGINABLE IN YOUR BASEMENT.
BACK TO YOU.
BACK TO YOU.
STUART: I THINK IT IS A POSITIVE
STUART: I THINK IT IS A POSITIVE
SIGN WHEN YOU HAVE WALMARTS OF
SIGN WHEN YOU HAVE WALMARTS OF
THIS WORLD UP 4%.
THIS WORLD UP 4%.
PEOPLE ARE OUT THERE.
PEOPLE ARE OUT THERE.
THEY ARE BUYING.
THEY ARE BUYING.
KRISTINA: ECONOMY, RIGHT?
KRISTINA: ECONOMY, RIGHT?
WALMART IS GOOD EXAMPLE OF WHAT
WALMART IS GOOD EXAMPLE OF WHAT
PEOPLE ARE SHOPPING STILL,
PEOPLE ARE SHOPPING STILL,
HEADING OVER THERE.
HEADING OVER THERE.
>> I THINK THE ECONOMY ACTUALLY
>> I THINK THE ECONOMY ACTUALLY
IS CONTRACTING AT THIS POINT.
IS CONTRACTING AT THIS POINT.
KRISTINA: I DON’T MEAN IT IS
KRISTINA: I DON’T MEAN IT IS
REFLECTION OF ECONOMY.
REFLECTION OF ECONOMY.
RIGHT NOW, WALMART IS STAPLE
RIGHT NOW, WALMART IS STAPLE
ESPECIALLY TIME OF NEEDS, WHEN
ESPECIALLY TIME OF NEEDS, WHEN
WE SAW HURRICANES HIT, WALMART
WE SAW HURRICANES HIT, WALMART
STILL REMAINED OPEN TO PROVIDE
STILL REMAINED OPEN TO PROVIDE
THE GOOD TO PEOPLE.
THE GOOD TO PEOPLE.
THAT IS BAROMETER.
THAT IS BAROMETER.
WHEN THINGS GET BAD, WALMART
WHEN THINGS GET BAD, WALMART
CLOSES.
CLOSES.
STUART: WAIT UNTIL THINGS GET
STUART: WAIT UNTIL THINGS GET
GOOD AGAIN.
GOOD AGAIN.
I DON’T KNOW WHEN THAT IS GOING
I DON’T KNOW WHEN THAT IS GOING
TO BE, I THINK WE’LL SEE A
TO BE, I THINK WE’LL SEE A
GIGANTIC TURN AROUND IN DEMAND.
GIGANTIC TURN AROUND IN DEMAND.
THE PARTY WILL BE ON.
