Is There An Opportunity in PepsiCo?
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Shares of PepsiCo (NYSE: PEP ) recently fell by 3% after the company reported that it had decided to retain its North American beverage business.
Shareholder activist Nelson Peltz hopes that PepsiCo will spin off its North American beverage business and focus on its more profitable and rapidly growing snack business.
Disgruntled investors have been selling the company's shares, which has driven the price of the stock down 4% since Feb. 13 when the company announced earnings and confirmed that it would not separate its beverage business. Earnings met expectations but investors are troubled by declining beverage volumes. Because PepsiCo is a blue-chip dividend payer with a long history of rewarding shareholders, investors are wise to take a hard look at this company.
http://www.fool.com/investing/general/2014/02/26/is-there-an-opportunity-in-pepsico.aspx?source=iaasitlnk0000003
http://www.fool.com/investing/general/2014/02/26/is-there-an-opportunity-in-pepsico.aspx?source=iaasitlnk0000003
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