02-13-2014, 11:10 AM
PEP is my oldest holding. Started buying in again in 2006 after selling in the dot.com bust and rode it down and then back up. It's #4 in size in my portfolio but that wasn't intentional. I was getting a little frustrated with the slow growth but kept telling myself they're not the younger Pepsi and just left it to keep fumbling along.
I'm disappointed in Nooyi. The marketing oomph just doesn't seem to be there even though she's concentrated on snacks (Frito Lay) and healthy food (Quaker Oats and other brands). Whatever became of the Pepsi Generation?
I didn't even look at the latest announcement yet but a good kick in the dividend sure sounds appealing.
When I do drink soda, it's a PEP product. Wife & son love Coke so PEP in my portfolio and KO in the wife's.
I agree, mid to low 70's is a better buy point but at $80 it's not that overvalued.
I'm disappointed in Nooyi. The marketing oomph just doesn't seem to be there even though she's concentrated on snacks (Frito Lay) and healthy food (Quaker Oats and other brands). Whatever became of the Pepsi Generation?
I didn't even look at the latest announcement yet but a good kick in the dividend sure sounds appealing.
When I do drink soda, it's a PEP product. Wife & son love Coke so PEP in my portfolio and KO in the wife's.
I agree, mid to low 70's is a better buy point but at $80 it's not that overvalued.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan