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Is PepsiCo, Inc. (PEP) A Good Stock To Buy Now?

Is PEP a good stock to buy? We came across a bullish thesis on PepsiCo, Inc. on Grillo Insights’s Substack by Eric García. In this article, we will summarize the bulls’ thesis on PEP. PepsiCo, Inc.'s share was trading at $154.85 as of April 15th. PEP’s trailing and forward P/E were 25.95 and 18.05 respectively according to Yahoo Finance.

[caption id="attachment_830164" align="aligncenter" width="1920"] Pixabay/Public Domain[/caption]

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. PEP is...