PepsiCo Stock on the Rise
Mar 01, 2013 09:24 PM EST | By Jaclyn Ashley
The Street Wire stated this morning that the Pepsi Co has been reiterated by The Street Ratings as a buy with ratings of A-. According to The Street Wire, Pepsi has a number of strengths including solid stock price performance, increase in net income, reasonable, good cash flow and growth in earnings per share.
Like Us on Facebook
The stock has generally increased over the past year due to the fact that it is heavily involved in the sales of snacks and soft drinks. As of today, the cost of the common stock is $75.93 and today's open was $75.55. Yesterday it closed at $75.77 and reached a high of $75.95 today.
Pepsi's newest marketing strategy is creating drinks that are looked upon as healthier for consumers. The sales of soda are beginning to decrease. The company's top brands are Aquafina and Gatorade both of whom are not soda. They have also been focusing on adding healthier food items to their Quaker Oats section of their brand. Recently, the company hired on a few popular nutrionists to aide in making their products healthier.
Right now, the company is beating out its main competitor, Coca Cola in terms of stocks. Coca Cola experienced a negative percent decrease today while Pepsi had a 16 percent increase. It is also topping Monster Beverage, and Nestle. The popular soda chain is expected to have increasing stock numbers throughout the week and year, their new focus on making healthier drinks and food is expected help their brand in the United States.
In France, the company is trying to target a younger demographic with the release of Benenuts. They are a new line of peanuts coated with biscuit. Right now the two flavors are hot & spicy and bacon and cheese, tomato and basil and Mediterranean Herb flavors. The company also introduced Kickstart, a new energy drink that can be used to replace ones coffee in the morning and essentially "kick start" their day. These new products that were recently available to consumers might be why the company is experiencing such an increase in their stock sales. Coca Cola will have to learn to keep up.
In a bold move, last week the coffee giant released a new campaign, Starbucks’ Race Together, in which baristas in United States venues were invited to start a conversation with clients about race in America – but it’s been a marketing disaster all the way through.
California Wines: 31 Brands Of Cheap California Wines Loaded With Very High Levels of Toxic Arsenic?
California wines- Are you addicted to California wines? Wait until you read this! Some cheap California wines were found positive for inorganic arsenic that is believed to be lethal beyond allowable limits.
The Minnesota-based company is turning 75 today, and they’re celebrating along with fans with a Free Cone Day, as Dairy Queen’s vanilla ice cream makes a full appearance all over the country, as the company also teams up with a big charity for the occasion.
Just today, February 25, 2015, Yahoo! Food posts the secret weapon ingredients used by Star Chefs to achieve the most palatable dishes at home or in a restaurant. The said website revealed the top 10 magical ingredients that can turn home-cooked meals into top class restaurant tastes.
For those who love to have a nice glass of wine or beer during the weekends - which is just about everyone or almost -, there's a new way to keep the guessing out of the way you choose what to drink: the Next Glass app chooses drinks according to what you love!
U.S. Consumers, Ready To Accept Genetically Modified, Nanotech Products If It Is Healthy And Safe, New Survey Reveals
A national survey done by the North Carolina State University and the University of Minnesota representatives suggests that most U.S. consumers are ready to accept genetically modified and nanotech products if it is enhanced with nutrition and are safe.