Consumer Staples a Defensive Way to Play Tough Macro Environment
Ali Dibadj is Senior Vice President and Managing Director at Sanford C. Bernstein & Co., LLC covering U.S. household & personal products as well as U.S. beverages & snacks. He has been recognized in Institutional Investor's and Greenwich Associates' surveys for both his sectors since his initiations, including being the repeatedly number one-ranked Analyst in U.S. cosmetics, household and personal products, and the number one Analyst for U.S. beverages and snacks. Prior to joining the firm, Mr. Dibadj was a leader of McKinsey & Company's consumer goods and retail practices. Based in the Boston office, he advised senior managements at major international consumer goods and retail companies on global strategy, mergers and acquisitions, restructurings, cost cutting, advertising spend and pricing. Mr. Dibadj also gained experience in the consumer sector at Mercer Management Consulting and Skadden, Arps. He holds a B.S. in electrical engineering from Harvard College and a J.D. from Harvard Law School, both with honors. Profile
TWST: In the first quarter of 2015, the consumer staples sector outperformed. How is it doing this quarter so far?
Mr. Dibadj: Well, so far it continues to do OK overall. The companies