PepsiCo: blue-chips carbs.(Brief Article)
Kiplinger's Pick of the Day Web Feature, February, 2005
Byline: Kiplinger Washington Editors With the Atkins diet appearing to be losing steam, companies that sell carb-rich food may be ready for a comeback. But if you want to take advantage of Americans' return to carbs, it's important to be discriminating. Companies such as American Italian Pasta and Krispy Kreme Doughnuts offer carbs to spare.
But those two companies have other problems that a change in diet won't cure. Carb-craving investors should focus instead on stronger companies, such as PepsiCo (PEP). In addition to selling soft drinks, PepsiCo owns two major carb providers, Quaker Oats and Frito-Lay. The company, which derives well over half of its sales from food, is known for innovative products and packaging -- such as single...
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