The Technical Research Team has reviewed the ten economic sectors of the S&P and the stocks that are technically strong in each sector. The highlights are that the Consumer Staples sector is the only sector to reach a record all-time high.
· BofAML Equity and Quant Strategist Savita Subramanian has positioned Consumer Staples as one of her overweight sectors for 2012.
· It combines three of her key themes for 2012; growth, yield and quality
· The sector has dividend growth potential in addition to dividend yield and is the only major sector with no significant deceleration in expected earnings growth.
· Of the defensive sectors, Consumer Staples offers a higher dividend yield than Health Care and has a greater potential to raise its dividends.
Es de Merrill Lynch...