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“There are probably 100 cheap stocks I would buy on a diversified basis. For the time being, I would stick with consumer items everybody has to buy, such as toilet paper. The most secure companies of that type would be Procter & Gamble, Kimberly-Clark and Kellogg. I might look at beaten-down oil stocks—eventually, oil will come back. If I were really courageous, I would nibble at some of the financials.”
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