PepsiCo (PEP) vs. KO and MDLZ: Is Its Beverage-and-Snacks Strategy Creating a Stronger Defensive Business?

Is PEP a good stock to buy? We came across a bullish thesis on PepsiCo, Inc. on Investing Lawyer’s Substack. Since the thesis was published on June 26^th, PEP shares have pulled back as investors remain cautious about the pace of its recovery, creating a near-term headwind while its dividend continues to support the income-focused bullish case. In this article, we will summarize the bulls’ thesis on PEP. PepsiCo, Inc.’s share was trading at $132.63 as of October 28^th 2026. PEP’s...