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Play defense with PepsiCo (PEP) and Phillip Morris Int'l (PM) |
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| Oct 28, 2009 04:10 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: International markets, PepsiCo (PEP), Newsletters, Stocks to Buy, Recession In Gordon Pape's Internet Wealth Builder, contributing analyst Tom Slee looks at "recession-resistant" global stocks. Here, he reviews Philip Morris International (NYSE: PM) and PepsiCo (NYSE: PEP). Slee explains, "Philip Morris continues to benefit from rising tobacco consumption and 'uptrading' as people in the emerging countries switch to more expensive products. "Almost recession proof, the international tobacco industry is prospering thanks mainly to new markets, strong cash flows, and reduced litigation. Continue reading Play defense with PepsiCo (PEP) and Phillip Morris Int'l (PM) Play defense with PepsiCo (PEP) and Phillip Morris Int'l (PM) originally appeared on BloggingStocks on Wed, 28 Oct 2009 11:10:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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