Yes, I'd Still Buy PepsiCo Stock Despite Q2's Revenue Miss. Here's Why.

PepsiCo is bigger than its current problems The market is still not resoundingly bullish on PepsiCo, to be clear. It simply reversed course on Thursday's intraday sell-off. There's no serious threat of the stock suddenly racing higher without warning. For the three-month stretch ending in mid-June, PepsiCo turned $22.5 billion worth of revenue into an organic profit of $2.28 per share. Not bad. Sales improved 2% year over year, while earnings were up from the year-ago comparison of $2.09. Analysts were only ...