Defensive Stocks Only Mixed In Stock Market Turbulence (PE, KO, TAP, KFT, CPB, HRL, MCD, MO, RAI, PG, CL, MRK, JNJ)

You know it’s a rough day in the market when even defensive stocks are weak or mixed.  We are at least seeing a mixed bag from some of these. But the trend is a pretty easy one to see.  Even defensive stocks aren’t acting as a safe haven as they have in prior months.  Beer is up, tobacco is down. Food is up to mixed, but consumer products are mixed.  Below you will see how our list of "go-to defensive stocks" is showing a mixed bag:

Ticker     Last         Change              52-wk Range
PEP    $71.65    -$0.06; -0.08%      $63.28 – $79.79
KO      $52.69    +$0.21; +0.40%    $49.44 – $65.59
TAP    $47.11    +$0.71; +1.51%     $38.75 – $59.51
KFT    $33.07    +$0.14; +0.43%     $28.04 – $35.29
CPB   $38.40    +$0.77; +2.05%     $30.19 – $40.05
HRL    $36.24    -$0.14; -0.38%       $33.39 – $42.77
MCD   $62.14    -$1.06; -1.68%       $49.36 – $67.00
MO     $19.99    -$0.90; -4.31%       $19.70 – $79.59
RAI     $49.54    -$1.75; -3.41%       $45.61 – $72.00
PG     $68.90    +$0.06; +0.09%     $60.05 – $75.18
CL      $76.99    -$0.07; -0.09%       $66.21 – $81.98
MRK   $31.45    -$0.67; -2.09%       $30.52 – $61.62
JNJ     $69.50    +$0.10; +0.14%     $61.17 – $72.76

Jon C. Ogg
September 29, 2008