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Consumer Staples Portfolio ClassTicker Fidelity Advisor Consumer  Form

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consumer staples names actually hanging in there despite the market sell-off today the group has been a big rally of late best performer in June up more than four percent Campbell Soup soaring today on MA reports let's drill down on that and the entire group Ken Goldman with us senior equity analyst in food manufacturing and retail with JP Morgan nice to see you Ken always nice to be with you thank you for having me so the overall buying of the group is this about dividends or deals I think a little bit of both you know when my group is up it's it's usually not a good sign for the rest of the market right people are looking for safety so I'm sure there's some dividend part of it but there's a little bit of M&A - we've had some speculation the New York Post wrote about Kraft maybe for Campbell and obviously last week we've heard some speculation about ConAgra for Pinnacle and so forth so I think it's a littl

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