Consumer Goods Sector 1/22

Taking a brief look at the Consumer Goods Sector, the Dow Jones Consumer Goods index is only up 1.62% YTD, showing that the sectory is relatively slow growing. Seeing as we currently have no consumer goods stocks in our portfolio, I think one of the first ones we should consider is Toyota. Toyota Motor Company (TM), currently trading at $131.21, is expected to soon surpass Ford and become the world's largest automaker. Also as opposed to some American car makers, Toyota is actually profitable and has a considerable lead manufacturing successful hybrids. Now might be a good time to buy as Toyota's stock has taken a slight decline ($1) due to news of a truck recall (533,000 trucks) but should bounce back and continue its ascent. Compared to market competitors the stock is trading cheaper (with a lower P/E), has stronger quarterly earnings growth, and has better margins. I won't be able to make it to the meeting on Jan 23, but I will have a proposal to buy Toyota next week. I am also investigating different food companies including Kellog, Kraft, etc. I think one of these would be a good purchase to withstand different economic conditions.