For income investors, PepsiCo (PEP) is the kind of steady stock that won’t cost them sleep. Since the 2008 financial crisis, the deepest correction in PepsiCo shares has been 11%. That reflects the performance of the company’s earnings, one of the most stable in IBD’s database. Already one of the biggest soft drink and snack foods providers in the world, PepsiCo is managing modest profit and sales growth.