PepsiCo did not lose its fizz; buy on the dip

Key PointsPepsiCo had a mixed quarter, but the margin shined, and the cash flow was solid. Guidance is mixed but expects wider margin and earnings aligning with analysts' forecasts. Analysts peg the stock at "hold" and should sustain the rating in Q1 2024. 5 stocks we like better than PepsiCoPepsiCo Inc. NASDAQ: PEP did not lose its fizz, but the heady days of consensus-beating revenue growth tied to pandemic snacking and inflation are over. However, it leaves an era of solid performance and widening margin ...