Even though PepsiCo (NYSE:PEP) is routinely lashed for not being Coca-Cola (NYSE:KO),
I wrote earlier in this year that I thought the stock's relative
undervaluation to the increasingly overvalued packaged food sector
seemed out of line. Since then, PepsiCo has closed the gap with the
likes of Coca-Cola, Mondelez (Nasdaq:MDLZ), and Kellogg (NYSE:K) as the shares have underperformed the S&P 500 by a smaller amount.
Please follow the link to continue:
http://www.investopedia.com/stock-analysis/072413/pepsico-has-caught-now-it-needs-outperform-pep-ko-mdlz-bud.aspx
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