10 Best Consumer Stocks To Invest In Right Now

Here are some stock picks from Morningstar in an overvalued market. Would these be great buys in a correction or market dip? Let's take a look:

HCP Inc. (HCP) is a self-administered REIT that acquires, develops, leases, manages and sells healthcare real estate and provides financing to healthcare providers. HCP has a current dividend of 5%, which is great. HCP currently trades at 1.83 times its book value and about 28 times its free cash flow. One alarming figure is the $8 billion in long term debt, which is of course the financing used to acquire properties. Investors should wait to buy this stock, but it could be a bargain if a correction occurs.

Enterprise Products Partners LP (EPD) is an energy pipeline company that provides services to producers and consumers of natural gas, natural gas liquids, crude oil and certain petrochemicals. They pay a 3.5% dividend. EPD has little cash, a large amount of receivables, and high current liabilities and $17 billion in long-term debt. Priced at almost 5 times its book value, and almost 70 times its free cash flow, EPD is overvalued and probably won't be a bargain in a market correction.

Top 10 Construction Material Stocks To Buy Right Now: Tata Motors Ltd(TTM)

Tata Motors Limited, an automobile company, engages in the manufacture and sale of commercial and passenger vehicles primarily in India. The company offers cars, utility vehicles, trucks, buses and coaches, and defense vehicles, as well as develops electric and hybrid vehicles for personal and public transportation. It also involves in distributing and marketing cars; and financing the vehicles sold by the company. In addition, the company engages in the provision of engineering and automotive solutions, as well as machine tools and factory automation solutions; construction equipment manufacturing; automotive vehicle components manufacturing and supply chain activities; tooling and plastic and electronic components for automotive and computer applications; and automotive retailing and service operations. It offers its products and services through its dealership, sales, services, and spare parts network. The company also markets its commercial and passenger vehicles in Eu rope, Africa, the Middle East, South East Asia, South Asia, and South America. The company was formerly known as Tata Engineering and Locomotive Company Limited and changed its name to Tata Motors Limited in July 2003. Tata Motors Limited was founded in 1945 and is based in Mumbai, India.

Advisors' Opinion:

• [By CFA Institute Contributors]

  Tata Motors (TTM)

  Damodaran doesn't use standard regression betas. Instead, he uses an average of all the betas in a given industry. In this case, the law of large numbers is on the analyst's side. The standard error in a regression beta is typically too large to make any individual beta meaningful. In the case of Tata Motors, using an average of 111 publicly traded companies in the auto industry reduces the standard error of the beta by 90%, he said.

• [By Trey Thoelcke]

  The rise of VW could hit GM particularly hard, both in terms of reputation and in earnings. GM said it was looking to introduce four new Chevrolet models in China next year, as well as to expand its low-cost Baojun brand. Chinese buyers could already be looking elsewhere though, given the rise of VW and of Tata Motors Ltd. (NYSE: TTM), which sells cars under the Jaguar and Range Rover brands. Sales of Tata vehicles have risen sharply in the past year, and the company is set to begin producing cars in China.

10 Best Consumer Stocks To Invest In Right Now: Unilever NV (UNA)

Unilever N.V. (NV) is a supplier of fast moving consumer goods. The two parent companies, NV and Unilever PLC (PLC), together with their group companies, operate as the Unilever Group (Unilever). The Company�� four product areas are Personal Care, Foods, Refreshment and Home Care. The Company's personal care, which includes sales of skincare and haircare products, deodorants and oral care products; foods, which includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; refreshment, which includes sales of ice cream, tea-based beverages, weight-management products and nutritionally enhanced staples sold in developing markets and home care, which includes sales of home care products, such as laundry tablets, powders and liquids, soap bars and a range of cleaning products. Advisors' Opinion:

• [By Adi Narayan]

  Unilever (UNA) fell short on its public offer to raise its majority holding in Hindustan Unilever Ltd. (HUVR) to 75 percent, ending up with about a two-thirds stake after some shareholders of the Mumbai-based company opted not to sell.

10 Best Consumer Stocks To Invest In Right Now: Want Want China Holdings Ltd (WWNTF)

Want Want China Holdings Limited is an investment holding company. The principal activities of the Company and its subsidiaries are the manufacturing, distribution and sale of rice crackers, dairy products and beverages, snack foods and other products. The Company segments include manufacturing and sale of Rice crackers, including sugar coated crackers, savoury crackers and fried crackers; dairy products and beverages, including flavored milk, yogurt drinks, ready-to-drink coffee, juice drinks, carbonated drinks, herbal tea and milk powder; snack foods, including candies, popsicles and jellies, ball cakes and beans and nuts, and other products, mainly including wine and other food products. Its operations are located in the People�� Republic of China, with the rest located in Taiwan, Hong Kong, Singapore and Japan. As of December 31, 2011, its subsidiaries included Want Want Holdings Ltd., Long Wave Foods Limited, Want-Want Foods Limited and others. Advisors' Opinion:

• [By WWW.MARKETWATCH.COM]

  HONG KONG (MarketWatch) -- Hong Kong stocks swung between small gains and losses early Thursday after hitting a seven-month high in the previous session, with the Hang Seng Index (HK:HSI) down less than 0.1%. Most mainland Chinese property developers outperformed the markets, with Guangzhou R&F Properties Co. (HK:2777) (GZUHF) rallying 3.4%, after the company reported a 44% month-on-month jump in sales for June. Shimao Property Holdings Ltd. (HK:0813) (SIOPF) climbed 2.6%, and China Resources Land Ltd. (HK:1109) (CRBJF) rose 1.7%. However, several retailers were weak, as Want Want China Holdings Ltd. (HK:0151) (WWNTF) , the country's top food and beverage maker, declined 2%. Hong Kong-based cosmetics brand Sa Sa International Holdings (HK:0178) (SAXJF) fell 1.6%, with a decline in Chinese June non-manufacturing data helping weigh on some retailers. Over on the Chinese mainland, the Shanghai Composite Index (CN:SHCOMP) retreated 0.4%, pulling back from its highest close in two weeks.

10 Best Consumer Stocks To Invest In Right Now: CannaVEST Corp (CANV)

CannaVEST Corp., formerly Foreclosure Solutions, Inc., incorporated on December 9, 2010, is engaged in the business of developing, producing, marketing and selling end consumer products to the nutriceutical industry containing the hemp plant extract, Cannabidoil (CBD). The Company produces raw ingredients for neutraceutical markets. This substance can be used with foods and nutritional supplements for consumer health and wellness benefits, as well as in the pharmaceutical industry. On March 4, 2013, the Company acquired KannaLife Sciences, Inc. On December 31, 2012, the Company acquired certain assets of PhytoSPHERE Systems, LLC (PhytoSPHERE). It also secured the license to the name PhytoSPHERE and PhytoSPHERE Systems for use in the development and commercialization of hemp-based products.

The Company focuses to develop applicable raw ingredients, and provide raw ingredients for the production and development of multiple existing and developing product applications. Its focus is to produce, market and distribute hemp-based consumer products, as well as acquire existing businesses involved in the industrial hemp industries.

Advisors' Opinion:

• [By Dan Burrows]

  But it doesn’t end there. Investors should run away from all OTC marijuana stocks, including Medical Marijuana (MJNA), Cannabis Science (CBIS), CannaVest (CANV), MediSwipe (MWIP) and GreenGro Technologies (GRNH). As the SEC warns:

• [By John Udovich]

  The Marijuana Index is Really Getting Stoned. The Marijuana Index, which is the first and only registered equity tracking index for marijuana stocks, cannabis stocks and hemp stocks,�experienced significant volume and price fluctuations throughout the month of February when is started the month at the $25 level only to close the month at $56.21 for a 125% gain as some marijuana stocks experienced all time highs. Notable gainers included Abattis Bioceuticals (OTCMKTS: ATTBF)�being up 194%, Advanced Cannabis Solutions (OTCQB: CANN) being up 132% and CannaVest (OTCMKTS: CANV) being up 116%. You can see all of the�Marijuana Index�� advancers and decliners at http://www.marijuanaindex.org.

10 Best Consumer Stocks To Invest In Right Now: Sprouts Farmers Market Inc (SFM)

Sprouts Farmers Market, Inc. (Sprouts), incorporated on January 27, 2011, is a specialty retailer of natural and organic food focusing on health and wellness. The Company offers fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, bakery, dairy, frozen foods, body care and natural household items. The Company�� product offerings focus on fresh, natural and organic foods. Natural foods can be defined as foods that are minimally processed and are free of synthetic preservatives, artificial sweeteners, colors, flavors and other additives, growth hormones, antibiotics, hydrogenated oils, stabilizers and emulsifiers. The Company categorize the over 7,000 range of products, it sells as perishable and non-perishable. Perishable product categories include produce, meat, seafood, deli and bakery. Non-perishable product categories include grocery, vitamins and supplements, bulk items, dairy and dairy alternatives, frozen foods, beer and wine, and natural health and body care.

The cornerstones of the Company�� business are fresh, natural and organic products. As of July 19, 2013, the Company opened 87 new stores while rebranding 43 Henry�� and 39 Sunflower stores to the Sprouts banner. The Company�� stores include Produce, Bulk Items, Vitamins and Supplements, Grocery, Meat, Seafood, Deli, Bakery, Dairy and Dairy Alternatives, Frozen Foods, Beer and Wine and Natural Health and Body Care.The Company offer its customers a farmers market open-feel environment consisting of an abundant and affordable offering of fresh fruits, vegetables and herbs, focused on appearance, flavor and value. The Company�� stores include a crafted selection of more than 450 ranges of scoopable nuts, fruits, trail mixes, grains, beans, cereals, coffee, tea, spices, candy and snacks featured in the center of the store. The Company�� stores feature more than 4,200 vitamins, supplements, natural remedies, functional food, lifestyle support, and herbal supplements. This department includes ! an extensive private label offering.

The Company�� grocery offering focuses on healthy options. The Company carries approximately 4,200 natural and organic products in its grocery aisles, including meal components, natural sodas and other beverages, snacks and bars, baking goods, baby, pet and household items such as detergent and paper towels, and earth-friendly mercantile items. The Company�� Olde Tyme Butcher Shops combine sourcing through its trusted supplier network, product variety and old-fashioned customer service. The Company offers a range of seafood favorites delivered up to six days a week. The Conpany feature a range of fresh deli specialties, including sliced deli meat, salads, dips, entrees, side dishes, fresh made to order sandwiches at value prices and an abundant selection of over 200 varieties of cheeses from around the world.

The Company��bakery offering includes artisan bread alongside a wide assortment of sandwich breads, rolls, tortillas, pitas, muffins, cookies and pies as well as sugar free, gluten free and low carbohydrate products. The Company�� dairy department features a selection of organic, natural and regionally sourced milk, yogurt (including Greek, Australian, organic, and soy-based), butter and eggs, as well as a full selection of vegan and vegetarian alternative dairy products. The Company�� freezer cases feature traditional and ethnic natural and organic entrees and side dishes, along with frozen vegetables, desserts and specialty items, such as gluten-free breads and non-dairy ice creams. The Company offers approximately 2,400 natural, cruelty-free health and beauty products, old-fashioned remedies and modern body care innovations, including facial care products and make up, skin, hair, dental, baby care and grooming products.

Advisors' Opinion:

• [By Maureen Farrell]

  Two other consumer companies have been among the hottest IPOs of 2013. Shares of sandwich shop Potbelly (PBPB) and organic food retailer Sprouts Farmers Market (SFM) more than doubled on their first day of trading.

• [By Anna Prior]

  Sprouts Farmers Market Inc.(SFM) said its first-quarter profit surged 86% as the specialty grocer’s revenue beat expectations. Adjusted earnings also beat estimates and the company raised its 2014 guidance. Shares climbed 4.7% to $28.68 premarket.

• [By Rich Duprey]

  Struggling to combat inroads that new entrants such as Sprouts Farmers Market� (NASDAQ: SFM  ) �are making on its turf, Whole Foods saw its same-store sales rise less than 6% in the organic grocer's fourth quarter, its slowest rate in nearly four years. In contrast, Sprouts saw pro forma comps surge 10% year over year, leading to a 24% increase in total sales from the year-ago period.

10 Best Consumer Stocks To Invest In Right Now: Smithfield Foods Inc.(SFD)

Smithfield Foods, Inc., together with its subsidiaries, engages in the production and marketing of fresh meat and packaged meats products in the United States and internationally. The company involves in the production of hog; and produces various fresh pork, beef, poultry, and packaged meats products. It sells fresh pork to retail customers as unprocessed and trimmed cuts, such as butts, loins, picnics, and ribs; packaged meats products, including smoked and boiled hams, bacon, sausage, hot dogs, and deli and luncheon meats; specialty products, such as pepperoni and dry meat products; and ready-to-eat prepared foods comprising pre-cooked entrees, and pre-cooked bacon and sausages. The company offers its products to supermarket chains; wholesale distributors; the foodservice industry, including fast food, restaurant and hotel chains, hospitals, and other institutional customers; export markets; and other further processors. It sells its products through its salespersons an d independent commission brokers. Smithfield Foods, Inc. was founded in 1961 and is headquartered in Smithfield, Virginia.

Advisors' Opinion:

• [By Rick Munarriz]

  Paula Deen has seen her future earnings prospects dim after her admission of using a racial slur. She lost her show. Several retailers have stopped stocking the celebrity chef's products. However, Deen has also lost lucrative endorsements with casino operator Caesars Entertainment (NASDAQ: CZR  ) and packaged pork products producer Smithfield Foods (NYSE: SFD  ) .

• [By Jeremy Bowman]

  What: Shares of Smithfield Foods (NYSE: SFD  ) were smoking today, gaining as much as 31% after a Chinese company agreed to buy the meat processor for $7.1 billion.

• [By Dan Caplinger]

  Finally, beyond the Dow, Pilgrim's Pride (NASDAQ: PPC  ) soared 22% on apparent speculation that the poultry giant might be next on the chopping block as a target for a big acquisition. The proposed buyout of pork producer Smithfield Foods (NYSE: SFD  ) by a Chinese company was controversial in large part because of the geopolitical implications of international buyers purchasing U.S. food-industry assets, but business analysts have rightly looked instead at the implications for further consolidation in the industry. With no formal announcement from Pilgrim's Pride, today's move could invite scrutiny from the SEC and other regulators should any sort of definitive buyout bid materialize in the days to come.

10 Best Consumer Stocks To Invest In Right Now: Koninklijke Ahold NV (AHONY)

Koninklijke Ahold N.V. (Ahold), incorporated on April 29, 1920, is engaged in the operation of retail food stores in the United States and Europe through subsidiaries and joint ventures. Ahold�� retail operations are presented in four segments: Stop & Shop/Giant-Landover, Giant-Carlisle, Albert Heijn and Albert/Hypernova. During the fiscal year ended January 3, 2010 (fiscal 2009), it operated 2,909 stores. On February 8, 2010, Ahold�� Giant-Carlisle acquired 25 stores from Ukrop�� Super Markets.

Franchisees operated 783 of the Albert Heijn, Etos and Gall & Gall stores, 463 of which were either owned by the franchisees or leased independently from Ahold. Of the 2,446 stores, 20% were company-owned and 80% were leased. Ahold�� stores range in size from 20 to over 10,000 square meters. Albert Heijn is a food retailer in the Netherlands. Etos is a health and beauty retailer in the Netherlands. Gall & Gall is a wine and liquor specialist in the Netherlands. Stop & Shop is a supermarket brand, operating in six states in the northeast United States. Giant-Landover is a supermarket brand, operating in four states in the mid-Atlantic United States. Peapod is an online grocery delivery service working in partnership with Stop & Shop and Giant-Landover. It also serves the metropolitan areas of Chicago, Illinois; Milwaukee and Madison, Wisconsin, and the northern areas of Indiana.

Advisors' Opinion:

• [By Rich Duprey]

  As mentioned, Kroger is still swallowing Harris Teeter and has said it needs time to make more acquisitions. Royal Ahold (NASDAQOTH: AHONY  ) is also said to be leery about doing large acquisitions these days, while Cerberus recently finished acquiring the Albertsons and Acme chains from SUPERVALU (NYSE: SVU  ) �for $3.3 billion.