Consumer >> Analyst Interviews >> December 21, 2009

A More Defensive Beverage Sector – Lauren Torres – Hsbc Securities (usa) Inc.

Lauren Torres has covered the beverage sector since 2002 and in April 2005 joined HSBC, where she covers the industry globally. Prior to that, she was a generalist in equity research and in high-yield research. In 2007 and 2008, Ms. Torres was voted Best Up-and-Comer in the beverage sector by Institutional Investor, ranked "Number One Beverage Stock Picker" by Forbes/Starmine and named a top analyst in The Wall Street Journal's "Best on the Street Analysts Survey." Ms. Torres earned her MBA in finance from the Stern School of Business at New York University and her B.A. in English from the University of Scranton. Profile
TWST: Please begin with a brief overview of your coverage of the beverage industry, including the specific companies you follow.

Ms. Torres: Our coverage includes Coca-Cola Co. (KO) and PepsiCo (PEP);