A global snack and beverage company, Pepsico offers food (by Frito-Lay and Quaker) and drinks (including Pepsi, Tropicana, and Gatorade).
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PepsiCo is a great company to own, especially at current prices. It has a lot of good things to say for it, including good management, a strong brand, great global market presence, a huge, diverse lineup of products, and an attractive balance sheet. In the short term, their large amount of cheap foodstuffs should do well during a time when many are tightening their belts. In the long term, Pepsi’s strong management and increasing penetration in emerging markets creates rosy picture of the company’s future.