PepsiCo is an American multinational food and beverage corporation headquartered in Purchase, New York. It is best known for its flagship product, Pepsi, a popular carbonated soft drink. The company was formed through the merger of Pepsi-Cola and Frito-Lay in 1965, and it has since expanded its portfolio to include a wide range of snacks, beverages, and food products. PepsiCo’s brands include well-known names such as Mountain Dew, Gatorade, Tropicana, Quaker Oats, and Lay’s, among others. The company operates globally, producing and selling products in over 200 countries, making it one of the largest food and beverage companies in the world. PepsiCo is recognized for its marketing strategies, product innovation, and commitment to sustainability, focusing on responsible sourcing and reducing its environmental impact.
Jim Cramer analyzed PepsiCo on CNBC's "Squawk on the Street," highlighting its resilience amidst market turbulence. PepsiCo remains a "Tried and True Dividend Aristocrat," offering stability with its enduring brand…