In a market dominated by artificial intelligence growth stocks, PepsiCo is a contrarian pick that could deliver monster gains for patient investors.
Shares of PepsiCo ( PEP -0.79% ) popped 4.2% on Thursday in response to the company's third-quarter fiscal 2025 results. The stock continued to climb on Friday despite a brutal sell-off in the S&P 500 .
For the quarter, organic revenue increased just 1.3% and core constant-currency earnings per share (EPS) were down 2%. But Pepsi reaffirmed its 2025 financial guidance, which includes low single-digit organic revenue and flat core constant-currency EPS compared to fiscal 2024.
Despite the poor results, investors are optimistic that PepsiCo can turn things around. The company is cutting costs through labor reductions and productiv