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Buy PepsiCo Inc (PEP)

PepsiCo knows where the growth is. Overseas. Especially in Asia. On June 24, PepsiCo (PEP) announced that it would buy 20% of Japan’s largest snack maker, Calbee Foods. That will give PepsiCo plenty of help figuring out how to sell Doritos into the idiosyncratic...

Buy PepsiCo (PEP)

This company delivers like clockwork. Take operating margins: 18% in 2004, 18.2% in 2005, 18.5% in 2006, and 18.2% in 2007–even as the cost of such raw materials as corn and corn syrup soared. Part of the reason is that PepsiCo is the U.S.-based company that has...