Sodastream Shouldn’t Have Sold Out to Pepsico
Sodastream (SODA) just sold out to Pepsico (PEP) in what I think is one of the dumbest decisions SODA management could have made.
Sodastream (SODA) just sold out to Pepsico (PEP) in what I think is one of the dumbest decisions SODA management could have made.
I have to sell SodaStream (SODA) today. Sales and profits are solid, I just don’t like the fact management dilluted shares. That really goes against my beliefs. And shareholders got most of the proceeds.
SodaStream (SODA) stock went up then down. Profit growth will flatten out for a couple quarters in 2012, but over the long-term this company still looks to be a 33% grower — selling for 23 times earnings.
Could this stock be the next big stock market winner? Although data is hard to find, the market potential is extremely large. And with an idea like this, the stock could get all hyped up. It’s breaking out now.