Thirty-seven years ago was my first time running into these beasts. It seems like yesterday. I was training, at a route-step along a sandy trail. We had heavy packs on our backs, and it was in the early morning. Mortar fire was thundering somewhere in the distance. The trail led up a small hill to our front. It was already hot and humid, but still foggy. The ground began to rumble. What the? We scurried off into the treeline on both sides of this "deserted" road. The rumble grew louder as we hid. The profile of an M60A1 Main Battle Tank emerged over that hill. It was beautiful. The tank moved down that hill right through our position, and then a second tank appeared. Then a third, then more. The noise was more than you might imagine, as ten of these magical beasts methodically passed by. The machine gunner, poking out of the trail vehicle, gave us a thumbs up, just to let us know that he saw us. Lesson learned. PepsiCo (PEP) , to me, is like that line of old Pattons. Moving forward, steadily, forcefully, impressively. Either get out of the way, or move in the same direction.
More from Stocks
IBM, Intel, and Cisco have bright growth outlooks and should offer many years of dividend increases ahead.
The shares gapped sharply lower Friday after earnings.