PepsiCo Goes Big Game Hunting
The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith and editor and analyst Isaac Pino discuss topics across the investing world.
PepsiCo looks like it's going big game hunting and they've set their sights on management heavy Brian Cornell. Cornell has held positions with PepsiCo, Wal-Mart, and Safeway. Austin believes this is a move by PepsiCo CEO Indra Nooyi to regain lost market share from Coca-Cola. Coke's stock price has outpaced Pepsi's in recent years, as the soda titan continues to build market share. Austin likes Cornell's background, but hopes that it is leveraged effectively in his new position.
With Europe in shambles, many investors may be nervous about investing in a company that is so internationally focused, but PepsiCo and Coca-Cola are just a handful of companies that will reap enormous rewards from bringing their strong brands to emerging markets. To read about three more, I invite you to enjoy a free copy of our special free report: "3 American Companies Set to Dominate the World." The report won't be available forever, so take a copy while you still can. Fool on! Click here to get your copy today!
At the time this article was published Austin Smith has no positions in the stocks mentioned above. Isaac Pino has no positions in the stocks mentioned above. The Motley Fool owns shares of PepsiCo.Motley Fool newsletter services recommendPepsiCo. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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