(Poll story updated with UBS analyst's comment)NEW YORK (TheStreet) -- With all the talk about a possible a stock market crash following last week's Hindenburg Omen, are you more afraid than ever to invest in stocks or are you looking forward to a good buying opportunity?
Hennessy Funds' Frank Ingarra noted that a major pullback in the stock market would create a "great" buying opportunity for the top consumer stocks, adding that investors could also diversify into
and other Dow stocks.
On the other hand, Ingarra added that he's worried that another stock market crash could further deter average investors, who have already been scared off by the recent crashes: another would "definitely hurt the psyche of the average investor," Ingarra predicted.
In light of this, what type of investment vehicle are you more attracted to right now?
Stephanie Link, Director of Research & Vice President of Strategy for
, notes that "if we crash
the top-performing consumer good stocks would just go down less."
"The yields are compelling, particularly
," Link says of top-performing consumer good stocks. In addition,
contributor and Trinity Asset Management's Brian Gilmartin says that stocks like
and Altria are "all pretty good cash flow generators."
Gilmartin said they would definitely be "a flight-to-safety trade if the market declines 10%."
Link adds, "I think how you need to look at it is that there are always winners and losers (from a stock point of view) in every category, no matter what the macro implies -- whether it be superior size or scale, productivity measures, internal restructurings that help a company outperform on the bottom line despite the weak macro."
"There have been a number of disappointing quarters out of retail and HHP (household and personal-care products) or staples stocks (
)," but Link, for her part, says she's identified the strong ones.
Those include P&G -- whose quarter was "far stronger" than such peers as Colgate,
and Unilever ---
, Altria and
In an environment where the stock market is in a state of disarray, Modi says that she would definitely recommend tobacco stocks, particularly Altria. "They would be the primary beneficiary," he said.
Modi adds that how investors look at the various consumer stocks also "all depends on the macro scenario" -- particularly, whether the dollar will strengthen or weaken against emerging market currencies.
In light of all this, which of the following stocks are you most likely to invest in, in the event of a stock market crash? Take our poll below to learn the consensus of
-- Reported by Andrea Tse in New York
>> 5 Consumer Stocks With Big-Time Upside
>> Hindenburg Omen: What a Stock Market Crash Would Mean for the Consumer Sector
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