PEP - BULLISH SCENARIOPepsiCo reported revenues of $28 billion in the last reported quarter, representing a year-over-year change of +10.9%. EPS of $1.67 for the same period compares with $1.53 a year ago.
The strength centered on the Frito-Lay North America business grew by 25%.
The uptrend remains strong, and the price is heading to the upper part of the channel, the $ 195 resistance level
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