We came across a bullish thesis on PepsiCo, Inc. on Value investing subreddit by raytoei. In this article, we will summarize the bulls’ thesis on PEP. PepsiCo, Inc. ‘s share was trading at $152.16 as of August 19th. PEP’s trailing and forward P/E were 27.72 and 18.94 respectively according to Yahoo Finance.
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PepsiCo delivered resilient second-quarter results, posting revenue of $22.73 billion, slightly above analyst expectations of $22.27 billion, despite a...
