10-18-2013, 09:33 AM
(10-18-2013, 07:17 AM)nemo17 Wrote: Hi Fiveoh
I think Pepsi is a must-have title for a collector of dividends.
Why now ?
I think reported strong Q3 despite macro conditions. Pepsico in not only beverages company and Frito Lay in one of the best brand in the world in the market snacks.
Maybe now Pepsico isn't undervalued but for an Italian investor is the right time to start buying thanks to the favorable exchange rate euro/dollar:1,37
I agree with all your points about Pepsi(and own it as well), I just think it's a tad pricey at the moment. Buying with a favorable exchange rate makes sense, I wasn't aware of that.
Have you heard about Nelson Peltz, who wants Pepsi to buy Mondelez and/or split up the company? Pepsi management seems to be resisting it, but I think it may happen eventually.