Friday, December 28, 2007

Five for 2008 -- PEP

Pepsico is always compared to Coca-Cola, but it's really more diverse -- Frito-Pepsi would be a more accurate name, and you'd need to add Quaker, Gatorade and some other brands to get a real expanation of what this company sells.
This stock pick doesn't look much like the first four -- it's a common stock with no special tax treatment, you
can trade it readily, everyone's heard of it. But hey, everyone needs a safe holding. Look at this chart for the last 30 years. If the economy collapsed, the stock market shut down, livestock took over lower Manhattan and you couldn't trade for five years, you'd still probably be make money holding Pepsico.

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