Yes, you'd call this a selective market: select the wrong stock, and there's a 30-40% haircut up ahead. Select the correct stock, and you're positioned for the recovery with modest downside exposure. And with that in mind, PepsiCo, Inc. (NYSE: PEP) is worth a review.The financial crisis and pronounced U.S. recession that has seen U.S. stock markets slide about 50% has not been kind to Pepsi, and that's part of the appeal here. Institutional investors punished shares from the $75-range in September 2008 to about $45.40 before bouncing, and they're in the $47-50 range now.
Closing Bell: Dubai sends jitters throughout the market (S, BBY)
Heinz looking good after the second quarter?
Why isn't Bank of America updating its shareholders on CEO situation?
