Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance Here's a statistic that's easy to digest... Nearly half of Americans eat at least three snacks per day. That's one of many reasons to buy the recent dip in salty snack leader PepsiCo (PEP). You see, unlike Coca-Cola (KO) - which sells only beverages such as sparkling soft drinks, water, sports drinks, coffee, tea, juice and dairy - PepsiCo has a snack division. To me, that's what separates it from its competitors. In fact, you may not realize this, but in addition to owning Pepsi, 7UP, Mountain Dew, Gatorade and Aquafina, PEP also owns popular snack brands like Lay's, Doritos, Cheetos, Quaker, Ruffles and Tostitos. |
No comments:
Post a Comment