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In aggregate, this defensive sector returned nearly 7%, as measured by the performance of Morningstar's equity analysts believe that what drove staples firms' performance last year is the same dynamic that has fueled their valuations during the ultralow-interest-rate environment of the past few years: The sector's healthy dividends have captured the interest of income-seeking investors
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The analysis also revealed that early exposure to smoking is a key factor in predicting long-term smoking habits
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