Top 10 Summer Stocks
OptionsZone Experts, May 22, 2009
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Top Summer Stock #3: Dr Pepper Snapple Group
How about a stock that supplies the liquids we need to quench that perennial summer thirst? Dr Pepper, A&W Root Beer, 7UP, Hawaiian Punch and Snapple Iced Tea will be found in nearly every cooler, in every park, at every backyard barbecue and at every Little League Baseball game. All of these brands are courtesy of Dr Pepper Snapple Group (DPS).
The company recently reported first-quarter earnings results that were better than analysts expected, while raising its full-year earnings guidance. The beverage maker also said that it expects to pay down $400 million of long-term debt. With this many positives going forward for DPS, all we can say is "drink up!"
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Jon Lewis
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