Best Stocks for 2008: Validea sees ‘pop’ in PepsiCo (PEP)
For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the main financial newsletter advisors asking for their favorite stocks for the coming year. that essay is one of 100+ ideas in the Best Stocks for 2008 report.
“What’s not to like about PepsiCo (NYSE: PEP) these days?” asks John Reese, editor of Validea, who has chosen the stock as his top conservative view for 2008.
At Validea — his quantitative advisor service based on following the strategies of main market gurus such as Peter Lynch and Warren Buffett — Reese says, “The beverage and snack giant owns several star American varietys
“The company has a foothold in a bunch of emerging markets with booming economies, and its environmentally conscious streak earned it the No.1 ranking on the Environmental Protection Agency’s 2007 corporate ‘Green Partners’ list.
“As whether all that’s not abundant, the firm’s exceptional fundamentals garner approval from the ‘Guru Strategy’ computer models that I base on the approaches of two legendary investors — Warren Buffett and Peter Lynch.
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Original post by Steven Halpern
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