Pepsico, Inc. (PEP)

Sales were flat, as they have been for the most recent quarters, I think this is a trend as people including myself are thankfully eating much healthier many people I know are vegan, they buy green smoothies not pop, and baked chips if they have chips not deep fried Doritos, and Kale chips. We all know highly processed food is linked to heart disease/strokes/various kinds of cancer ect.... the health trend is only going to grow. With a PE of 24 and low growth expectations and increasing interest rates, pep is not a buy at current prices. Revenue and EPS only beat due to higher pricing, meaning loyal customers are willing to pay a little more but how much more, and there are very few new customers entering the "junk," food market. Pep to be relevant needs to introduce some delicious and highly nutritious no sugar/no white flour/not deep friend yummy snacks.

PE 24 is very pricey for 2% growth !
The snack business seems to be topped out with less people buying them as they see what it does to their health.
The soda business is in real decline for similar reasons.
I think PEP as well as KO will drift lower from here
do you disagree ?

PE 24 with 2% growth is very pricey imo
It appears that consumers are cutting back on snacks those still healthy enough to eat them
Soda business is definitely in decline..
I am thinking this stock will drift lower from here...