Bottled Water Scam Exposed: Yeah, I Tapped That! Written By: Noah Berkowitz 2007-08-13 22:34:37 Photo:micaht2000, Creative Commons, Flickr Beverage giants PepsiCo and Coca-Cola are reeling this week from backlash to the news that their bottled water products are a total sham.
Pepsi's Aquafina brand tap water announced last week that it would change the PWS logo printed on its bottles to a more descriptive ‘Public Water Source’. Company spokeswoman Debra Spencer said "Obviously, it has always been tap water. Our customers are idiots. Are you forgetting that we introduced Crystal Pepsi?"
Coca Cola (KO) - Fully Valued But Not Overvalued Written By: David Neubert 2007-06-14 13:56:33 I'm looking around my portfolio for what were value stocks and looking for fully valued stocks. If I own stock I consider overvalued, I sell. If it's fully valued, I sell calls. In the case of Coca-Cola (KO - $51.39) I'm playing wait and see. It only has to go a few dollars higher and I'll sell a bit. The company has a trailing p/e of 23 and forward of just around 20. The stock has taken off because it seems earnings growth has picked up and fund managers who underowned this market darling are now playing catch up which has driven the price higer.
Consumer Products Shopping Spree Inspired By Russell Rebalance Written By: David Neubert 2008-06-27 16:10:44 Photo: Alexsandro Alves, Creative Commons, Flickr
The market was selling off today, which hit consumer stocks. Added to that was the fact that the Russell Index Rebalancing that occurred today tends to push down the stocks of companies that have been engaging in buybacks.
So what's a greedy trader to do? Since, I don't like shopping in stores, I went shopping in the market.
Here's what I bought:
