Jim Cramer Says “It’s Been a Very Tough Time for Shareholders of PepsiCo”

Core Insights - PepsiCo, Inc. is facing challenges in its snack business due to the impact of GLP-1 drugs and changing preferences among younger consumers towards healthier options [1] - Elliott Management has taken a significant stake in PepsiCo, indicating a push for changes within the company, which may be revealed in the upcoming earnings report [1] - Despite recent difficulties for shareholders, PepsiCo's stock currently offers a 4% yield and maintains a strong snack franchise, particularly with its Frito-Lay brand [1] Company Overview - PepsiCo, Inc. is involved in the manufacturing, marketing, and selling of beverages and convenient foods, with well-known brands including Pepsi, Mountain Dew, Lay's, Gatorade, Doritos, Quaker, and Cheetos [2]