LONDON -- (Marketwire) -- 02/25/13 -- Stocks bounced back on Friday after posting significant losses in the previous two trading sessions. Investors' sentiment was lifted by some robust Eurozone economic data. Stocks also rebounded as concerns over an early end to the Federal Reserve's bond buying program eased a little. At the end of Friday's trading session, our research team took notice of following stocks in the Beverages-Soft Drinks sector, Pepsico Inc. (NYSE: PEP), Coca-Cola Enterprises Inc. (NYSE: CCE) and Monster Beverage Corp. (NASDAQ: MNST). Wall Street Active research team has completed free research on PEP, CCE and MNST, we invite you to sign up now at
Despite a sharp rise in the broad market, PepsiCo's shares posted only modest gains on Friday. The stock closed 0.28% higher at $75.57 on volume of 4.97 million. The stock has been hovering around its 52-week high of $75.86. Year-to-date, the stock has outperformed the broad market, gaining 10.43%, compared to a gain of 6.26% for the S&P 500. It broke through $73 resistance level recently after the company reported its financial result for the fourth quarter. The stock is trading above its 50-day and 200-day moving averages, which is a strong bullish signal. The MACD is also trading above the signal line and the zero-line. Sign up today and get useful insight about PEP for free at
Coca-Cola Enterprises shares rose sharply in Friday's trading session. The stock closed 1.24% higher at $35.95 on volume of 2.29 million. Despite the sharp rise on Friday, the company's shares fell 0.85% for the week. Year-to-date, it has had an excellent run, gaining more than 13%. The company's shares have seen a series of higher highs in recent weeks, which is a strong bullish signal. The stock is also trading well above its 50-day and 200-day moving averages, which further confirms the bullish trend. However, the stock's MACD recently moved below the signal line, which indicates that market sentiment maybe starting to turn bearish on the stock. Free report on CCE can be accessed by registering at
Shares of Monster Beverage also rose sharply in Friday's trading session, ending the day 1.87% higher at $50.69 on volume of 1.35 million. The company's shares have fallen more than 4% this year, underperforming the broad market. However, technical indicators suggest that market sentiment has turned bullish on the stock. The stock has just crossed its 50-day moving average. The MACD has also moved above the zero-line. Register with Wall Street Active and download the research on MNST for free at
Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.
Ravi S. Kapur
Telecommunication, Information & Data Manager
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