PepsiCo Inc
PEP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $953.00 | Knhcg | Glpcnvywqh |
Snack and Beverage Innovation Continue to Fuel Growth at Wide-Moat PepsiCo
Business Strategy and Outlook
Following years of anemic growth due to operational missteps and underinvestments, management has worked to right PepsiCo’s ship, even amid covid-19-related disruptions and inflation. But we think there is more room to go, as the firm benefits from secular tailwinds in the snack business, growth initiatives in select attractive beverage subcategories (such as energy drinks) and regional markets (Latin America, Africa, and Asia Pacific), and an integrated business model facilitating more effective commercialization.