Note: I’ll occasionally pop up back on here to write stuff about the stocks that are in my mother’s portfolio (which I manage). Though I missed the latest round of earnings for all of those companies – a complete failure on my part – I do continue to keep abreast of what is happening to those companies. If you want to read the bulk of my writing these days, check out SportMuse.net (@SportMuseNet on Twitter), where I spend a lot of time writing about sports. I am also looking for freelance writing opportunities, so feel free to reach out to me on Twitter @GuruEbby if you have any available. Feel free to peruse the archives here to see what I’ve written before, or even some of my published stuff that I once got paid to write for the Motley Fool.
In news that took me by surprise, PepsiCo (NYSE: PEP) announced plans to purchase SodaStream Internation (NASDAQ: SODA) for $3.2 billion. This was quite a substantial premium on the current market price of the stock – as evidenced in the chart below (that big jump at the far right is after the announcement) – but something that seems totally in character for out-going Pepsi CEO Indra Nooyi.
Back in my earliest Motley Fool days, I wrote about my appreciation of SodaStream, primarily because of the affection that one of my friends had for the product (and stock). After submitting myself to a taste test, I was sold. I bought myself a SodaStream machine, which remains buried somewhere in my mother’s basement because it was taking up counter space when I went away to college, and even owned the stock for a while too. Continue reading