Todd of Greenwood Says PepsiCo Shares Have Long-Term Value

Walter Todd, who helps manage about $800 million at Greenwood Capital Associates, talks with Bloomberg's Carol Massar from Columbia, South Carolina, about PepsiCo Inc.'s second-quarter profit reported today, competition from Coca-Cola Co. and PepsiCo's acquisition strategy and stock price. PepsiCo, the world's second-largest soft-drink maker, said profit increased 13 percent to $1.56 billion on demand for Frito-Lay snacks and overseas beverage sales. Greenwood owns about 150,000 shares of PepsiCo. Bloomberg's Julie Hyman also speaks. (Source: Bloomberg)

Bloomberg | July 24, 2007

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