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Pepsi is in an uptrend |
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| Oct 22, 2009 07:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: PepsiCo (PEP), Stocks to Buy  The emerging markets continue to shine for Pepsico Inc. (NYSE: PEP), which is why I'm Reiterating my Buy rating for the company's shares, first recommended on March 13, 2009 at a price of $48.62. If you bought Pepsi then, you're up about 25%.True, North American revenue will be flattish in FY2009, due to the recession, but investors should remain focused on the long-term and larger pictures: namely - Pepsi's emerging market growth opportunities (it has a presence in more than 200 countries) and its rebrand in health/sports drinks. Continue reading Pepsi is in an uptrend Pepsi is in an uptrend originally appeared on BloggingStocks on Thu, 22 Oct 2009 14:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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