PepsiCo (NASDAQ: PEP) might soon earn a place on more investors’ lists of growth stocks. The consumer packaged-foods giant this week announced a surprise double-digit sales spike for its fiscal second quarter, which lapped some of the biggest COVID-19 volume surges it saw in early 2020. CEO Ramon Laguarta and his team also raised their 2021 outlook on sales and profitability, making an even stronger case for buying this dividend giant.
Let’s dive right in and see what else the earnings report had to say.
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