Why PepsiCo's $1.95 Billion Bet on Poppi Makes the Stock an Attractive Buy

PepsiCo (PEP -0.67%) is a company with more than 50 consecutive annual dividend increases under its belt. You don't achieve a feat like that by accident. It requires having a strong business model that gets executed well in both good times and bad.PepsiCo's recently announced purchase of Poppi for $1.95 billion is an example of the company's strong business model being executed well during bad times. It makes PepsiCo's stock look like a buy.PepsiCo is out of favorPepsiCo's dividend yield is 3.5% at this wri ...