Monday November 23, 2009 4:18 PM ET
SmartMoney
Published June 11, 2009  |  A A A
On the Street by Sarah Morgan (Author Archive)

5 Companies Upping Their Estimates

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Pepsi Bottling Group

New Forecast: 2Q EPS of 70 cents to 74 cents
Old Forecast: 2Q EPS of 65 cents to 69 cents

Pepsi Bottling Group (PBG) has raised both its second quarter and its 2009 earnings guidance. PBG credits improved sales in the U.S., continued commodity price deflation and decreased volatility in foreign currencies for the improved outlook.

However, commodity prices may rise more than PBG seems to expect. “We’ve already seen it over the past few weeks with oil prices going back up,” says David Silver, another analyst at Wall Street Strategies. Increasing fuel prices will impact the company’s costs, as will the rising price of aluminum and high fructose corn syrup. Meanwhile, PepsiCo (PEP) is proposing to acquire the company or key parts of it.

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User Comments
schpekulant

35 Comments
The actual Stock Market top (where we are now) has been zigzagging too much.
But the charts warn that any time soon comes the plunge DOWNWARDS.

Schpekulant Suggestions:
1.Keep your money in a safe place. Examples?
Cash
Low-expense Bond mutual funds
Investment-grade bonds
Short and long term Government Bonds
2.Resist temptation to buy stocks just because they look very cheap.
3.Wait. (For many traders and investors this is the most difficult)

Remember you have been warned……….

Remember also that this is just a suggestion, everyone is responsible for his own
investment decisions…. YOU have to take care of your own money.

Chaim Kimelblat aka Schpekulant@gmail.com
Listen with your Brain
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