Monday's selloff was an opportunity to take advantage of better levels to add or open new positions, particularly as futures pointed to a higher open on Tuesday. TheStreet's Stephanie Link and Jill Malandrino review overall market conditions as they relate to the Ukraine conflict and what positions Link added to in the Action Alerts Plus Portfolio. She likes super regional bank U.S. Bancorp for loan growth, Chevron's restructuring story and Yum! Brands exposure to China.
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CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.