In my earlier post we looked at some European firms with strong sales in emerging markets. In this post let us take a quick look at some U.S. companies which have a strong presence in emerging countries.
The table below lists nine U.S. consumer staples companies with emerging market sales of 20% or more:
[TABLE=1035]
Source: Global Equity Strategy, Credit Suisse
Philip Morris(MO) is a good pick for long-term investment due to consistent past performance. Currently the stock has a 6.24% dividend yield.It is surprising to see that PepsciCo’s (PEP)emerging market sales is only 20%. As the main competitor to Coca Cola one would expect PepsiCo to have ta much larger exposure to EM. Overall as consumer staples all these stocks can offer stability to a well diversified portfolio during wild market conditions.
Disclosure: No positions