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PEPSICO - LONG TERM BULLISH SCENARIO

Long
NASDAQ:PEP   PepsiCo, Inc.
The food and beverage giant has had a good year so far. Raising sales forecast, better-than-expected first-quarter results and increased dividend helped PepsiCo to outperform the S&P 500.
Although the good results some of the top analysts on Wall Street have mixed expectations for the company ahead of the earnings report today.
The estimated earnings per share are $1.74 on revenue of $19.51 billion.

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