Shiv Kapoor

An Ode to Pepsi Stock

well trying to be too clever. My capital tripled and I reckoned I would sell and buy back cheaper. I never did! One of my bad calls.


On Oct 09 09:23 AM David Van Knapp wrote:

> Pepsi is a superb company. I own it as part of a dividend portfolio,
> so am less concerned with its price du jour. On the dividend front,
> it just keeps kicking out those checks every quarter like clockwork,
> and they've been increasing for decades.
>
> I have faith in Pepsi's management. Even if healthcare worries and/or
> regulations cause people to turn away from heretofore core products,
> I believe that Pepsi has the foresight and agility to develop healthier
> products ahead of the curve and maintain its leadership in snacks.
> I've been eating Baked Lays for years based on my own health concerns,
> and they are great. Just a small anecdotal example of what Pepsi
> can do with its franchise, including its unmatched distribution network.
>
>
> Shiv, sorry you jumped off the gravy train. I don't quite follow
> your reasoning for selling in 2000, nor for being unable to find
> enough value for 4 years to buy back even though the stock went nowhere.
> Personally, I find no value in categorizing stocks as "cyclical"
> or "growth" or "defensive," so such labels never play a role in my
> investment decisions. It sounds like those labels hurt you here with
> Pepsi.