I recently bought a small (admitted irrational) 400 share position simply because I like drinking DrPepper. To me, it looks to be hanging in there pretty well; especially considering what’s happening to most other stocks I own.
LOL...thats one of the reasons I bought a small position as well, but I think if they can continue to cut down the debt and potentially expand the foreign reach they currently have, it could get to the 30's....gonna be a tough fight in this market though.
Yeah I like drinkin DP as well. I like to own stocks and then use a sh%t load of their products like a nascar driver.
I see where everyone says that this companies weakness is that it only sells in N. America. Does that mean it can't ever expand? Does Cadbury maintain the right to sell DP worldwide? Is it a PM vs MO situation? If not, I would think that it would be a great growth opportunity and a strength of the stock.