Anonymous
Anonymous asked in Business & FinanceInvesting · 10 years ago

Can an individual purchase and own stock in companies that compete against each other ?

Can an individual purchase and own stock in companies that compete against each other such as Kraft Inc, Kelloggs and General Mills or in this instance Coca Cola and Pepsico?

Update:

Can an individual simultaneously purchase and own shares in companies that compete with each other such as Coca Cola and Pepsi or Microsoft and Apple?

P.S. Thank you for all your answers.

3 Answers

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  • Ryan M
    Lv 7
    10 years ago
    Favorite Answer

    Of course. Unless you have a controlling stake in either company, simply owning the stocks in no way is a conflict of interest on your part. Owning a few hundred or even thousand shares is simply just too insignificant for a multi-billion dollar corporation. If you had millions of shares of each company, THEN there might be an issue.

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  • Anonymous
    10 years ago

    Yes, it's very common.

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  • Anonymous
    10 years ago

    Of course. Why would you think not?

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