Down-to-earth stocks you might consider now


WITH MANY high-tech stocks in the stratosphere, have you considered buying "down-to-earth" household products stocks?

"Household products issues have appeal," says S&P; Outlook. "Despite slow growth in the U.S., new products and expanding overseas markets make many of them worth buying."

It suggests Church & Dwight Co. Inc., Clorox Co., Colgate-Palmolive Co., Dial Corp., Newell Rubbermaid Co., Procter & Gamble Co. and Tupperware Corp.

"In due time, higher bond yields are in order. The U.S. economy is strong and the only way to slow it down: higher interest rates," predicts Yamamoto Forecast.

"As long as the jobless rate keeps heading lower, the Fed isn't finished tightening." (Barron's)

"Look for the Fed to hike interest rates about a quarter-point several times early next year." (Kiplinger Washington Letter)

WALL STREET WATCH: "As soon as Wall Street stops worrying about interest rates, stocks will likely surge dramatically, especially small- and mid-cap stocks." (Navellier's MPT Review)

"With stock valuations terribly high, there aren't many attractive buys. One exception: real estate investment trusts." (Allen Reed, president, General Motors Investment Management Co.)

"Many hi-tech stocks are headed for an eventual correction. Nevertheless, I still like Intel Corp. and Dell Computer Corp." (Alison Deans, financial consultant)

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