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Strategies & Market Trends : Value Investing

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From: J Mako10/19/2011 4:13:39 PM
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re: PepsiCo

Ladies and Gents,

What's your thought on PEP?

online.barrons.com

"We believe that PEP shares are undervalued at 13.9-times our 2011 EPS estimate and 12.9-times our 2012 forecast, compared to a five-year average range of 13.8-20.8. The shares have pulled back with the broad market and we believe that they offer an attractive entry point at current prices in the low $60s."
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