I was recommending Intel, but given their current price war with AMD, which shows no sign of abating, I think the real winner will be Intel's biggest customers, who will get a price break on their motherboards and processors, right in time for the Vista upgrades. I would like a higher yield, but with tech, you're lucky to get a yield at all.

A defensive play. A gigantic dividend and large buyback keeps the floor from dropping out of this one

A nice stable of high-end retailers, which I expect to continue to do well, even if lower-end retail struggles. Also a nice dividend

In addition to being a good growth pick, it's also nicely defensive. The international exposure will protect from a slide in the dollar, the alcohol business can be expected to improve in the event of a global slowdown, the high yield will keep downside to a minimum

Another big, defensive play. Nice dividend, and should benefit from infrastructure upgrades globally