We came across a bullish thesis on PepsiCo, Inc. (PEP) on Substack by Investing Lawyer. In this article, we will summarize the bulls’ thesis on PEP. PepsiCo, Inc. (PEP)'s share was trading at $152.02 as of Feb 27th. PEP’s trailing and forward P/E were 21.87 and 18.32 respectively according to Yahoo Finance.
[caption id="attachment_946891" align="aligncenter" width="750"]PepsiCo stands out as a resilient and diversified business, balancing both beverages and snack foods with a recession-resistant model that ensures consistent income....
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