PepsiCo’s (PEP) earnings show staples are earning their premium valuations-and Coca-Cola (KO) should do the same next week, Teresa Rivas writes in this week’s edition of Barron’s. A quick look at Pepsi’s recent fourth quarter numbers show there was a lot to like. Organic growth-a particularly important metric for consumer-goods companies because it reflects internal improvements-jumped nearly 15% from the year-ago period, easily surpassing analyst estimates, the author notes. Reference Link
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