PepsiCo: I'm Not Interested In This Falling Knife (Sell Reiterated)

  • PepsiCo's stock continues to look lower to me after mixed Q1 results, highlighting ongoing volatility and uncertainties impacting the company's performance and dividend yield. Despite a 1.8% YoY revenue decline, PepsiCo beat market expectations, but CEO Ramon Laguarta warns of increased supply chain costs and global trade uncertainties. PepsiCo's reduced EPS outlook and focus on healthier foods signal long-term challenges, necessitating portfolio reinvention and strategic M&A to sustain growth.