A Good Moment to Grab Pepsi
Has Pepsico (PEP) bottomed? I think you can make a strong case that it has -- every single line item, from North American soda to Latin American snacks, seems to have turned up. I am a bit blown away at how much stronger some of these numbers were vs. what the Street had been expecting.
CEO Indra Nooyi took some really hard medicine last quarter with a big restructuring, as well as a dramatic increase in spend in order to support brands. Both strategies worked....221 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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