BUSINESSWEEK ONLINE : JUNE 26, 2000 ISSUE
COVER STORY Best Defensive Plays COMPANY/SYMBOL PRICE* P-E** COMMENTS ENERGY ANADARKO PETROLEUM APC 50 11/16 26 Should benefit from strong natural-gas prices WESTERN GAS RESOURCES WGR 21 5/16 28 Expected to triple natural-gas production over next three years EXXON MOBIL XOM 79 3/16 21 Refineries ought to profit as pump prices stay high MILITARY CONTRACTORS GENERAL DYNAMICS GD 55 3/16 13 Rising defense spending should boost its ship and tank building L-3 COMMUNICATIONS LLL 56 15/16 21 Defense electronics supplier for high-tech weaponry LITTON INDUSTRIES LIT 45 3/8 9 Beneficiary of Pentagon's increased shipbuilding budget CONSUMER STAPLES ANHEUSER-BUSCH BUD 77 11/16 21 Beer sales are rising as kids of baby boomers come of age AVON PRODUCTS AVP 41 5/8 20 Rebounding Asian economies should lift cosmetics earnings TEVA PHARMACEUTICAL TEVA 54 1/4 32 Maker of generic drugs benefits from expiring U.S. patents *June 9 **Based on estimated 2001 earnings DATA: BLOOMBERG FINANCIAL MARKETS, BW _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP					RELATED ITEMS Choosing Safe Stocks in Turbulent Times TABLE: Best Defensive Plays For the Record: A. Marshall Acuff Jr. ONLINE ORIGINAL: Searching for Safety among Consumer Staples Introduction Economic Outlook Washington Outlook Asset Allocation The Stock Market Tech Stocks Defensive Investing Stocks to Avoid European Equities Asian Stocks Latin American Stocks Bonds Commentary Mutual Funds Tax Tips INTERACT E-Mail to Business Week Online

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