Blue Chip Stock #7 – Pepsi Bottling Group (PBG; +400%)
The Pepsi Bottling Group (PBG) is a blue-chip subsidiary of the iconic soft-drink company, but exclusively manufactures and sells beverages – as opposed to parent company Pepsico (PEP) that also manages brands that include Frito-Lay, Cap’n Crunch and Rice-A-Roni, among many others. This clear focus on soft drinks has kept PBG firmly on the road to profits over the past decade with shares now trading at five times the value they were in 1999. As spending on consumer staples stays strong, this heavy hitter will keep cashing in on soft drinks for many months to come.
10 Blue Chips That Boomed in a Brutal Decade
Article printed from InvestorPlace Media, http://investorplace.com/2009/12/blue-chip-stocks-aapl-azo-abv-ctsh-esrx-gg-oxy-dgx-sqm-swn/.
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