Pepsi’s Growth Problem: GLP-1s

[00:00:00]The breadth of their portfolio is even wider than Coca-Cola. So, a lot of people don't know this, but Pepsi also owns Frito-Lay. So, not only are they doing a beverage business, they also have a salty snacks business. And I don't know if you've heard about GLP-1s and their effect of people snacking less and everything, this is becoming a real thing. And so, you're seeing artificial colors in food being impacted and all of this nutritional stuff is probably the the biggest headwind they could possibly face for half of their business. Let alone the sugar side of me basically selling sugar water with their core uh soda business. So, I just don't like how diversified they are with having two industries that I think are pretty they're up against the walls, and Coca-Cola is an incredible competitor, and there's other beverage brands in there that are really hard to compete against. So, they have a great dividend.

[00:00:47]They've been growing it almost at double digits, you know, up up about 7%. So, that's very good. This is another one where their ceiling, in my opinion, is just limited.