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Pepsi stock price is benefiting from its diversified
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Pepsi stock price is benefiting from its diversified portfolio and global brand strength. Even at $172, it commands a P/E ratio above the sector average, signaling investor confidence despite tightening monetary policies. Brian Richards: David, let's transition to some more stock talk here. In the book, you mentioned companies like Napster and Myspace. I remember vividly you writing a pretty fun takedown of Segue, which was the mobility company where mostly, I think, parking ticket folks would go around and save themselves from having to walk, I think. You called those faker breakers instead of Rule Breakers. They were faker breakers, companies that looked promising, but for whatever reason, didn't pan out. Would be curious to hear the flip side of the rule breaker six traits. What should investors look for when they're trying to distinguish genuine rule breaking companies and companies that have the facade of being a rule breaker? They just appear to be innovative. Got a confidential news tip? We want to hear from you. Pepsi stock price reacted positively to recent product innovations and strategic partnerships in Asia, holding steady above $170 as analysts forecast mid-single-digit revenue growth for fiscal 2024.