Dr. Pepper Snapple: Set to Reach Milestone Tonight
Dr. Pepper Snapple is set to reach a major milestone. This was going to happen purely because Dr. Pepper is the #3 beverage company and it is absurd to see investors pricing stocks in the beverage sector otherwise.
HANSEN Natural Corp. has released their earnings report with a MEET that is about 1 penny short of EPS consensus estimates for the quarter. Pre-Market Trading has the stock losing about .50 to $1 of its value.
Should HANSEN fall dramatically and Dr. Pepper Snapple hang in there at $21+ a share tonight then (DPS) will finally be priced higher than (HANS).
I guess Hansen investors will have to make a decision. Continue to wait for Hansen's bottom or schedule an appointment with the Doctor?