jetcityimage Investment Thesis PepsiCo (NASDAQ:PEP) is a diversified blue-chip company providing beverages and snacks. PepsiCo operates in more than 200 territories and countries globally, with over 500 brands. The "flagship brands," those that generate more than $1 billion in revenue, include 23 globally recognized names across both beverages and snacks. PepsiCo trades at 21.0x earnings, below its 5-year average of around 25.0x. PepsiCo is a blue-chip dividend aristocrat, with 52 years of consecutive divid ...