New York-based PepsiCo, Inc. (PEP) is a global food and beverage company that offers snacks, cereals, beverages, and dairy products under popular brands such as Lay's, Doritos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and Aquafina, among others. With a market cap of $238.5 billion, it also sells ready-to-drink tea and coffee products along with brands like Crush and Dr Pepper. The company’s diverse earnings from the food sector sets it apart from competitors like The Coca-Cola Company (KO).
Companies worth $200 billion or more are generally described as “mega-cap stocks,” and PepsiCo fits right into that category. Its market cap exceeds this threshold, reflecting its substantial size, stability, and influence in the consumer defensive sector. The food and beverage giant enjoys a loyal customer base and aims to lead sustainability in the industry.
