PepsiCo, Inc. (NASDAQ:PEP), a global leader in the food and beverage industry with a market capitalization of $208.7 billion, is navigating a challenging market environment as it seeks to maintain its competitive edge and drive growth.

PepsiCo is teaming up with a Chinese partner to build a Quaker oats production facility in the Asian country. The US-headquartered food and drinks giant has inked what it called a “strategic cooperation” agreement with Jiangsu Rilong Food Co. to invest around 500 million yuan ($68.9m) in the new plant.

Let’s dig into the relative performance of PepsiCo (NASDAQ:PEP) and its peers as we unravel the now-completed Q3 beverages, alcohol, and tobacco earnings season.

In fact, the contrarian move of buying when other investors are selling can lead you to strong long-term results, particularly if you focus on owning historically well-run companies. Which is why you won't want to wait until some tomorrow to start buying PepsiCo ( PEP 0.34%) stock. Here are three reasons today is the day to buy.

That said, PepsiCo's financial performance is a bit weak today and there are some big-picture concerns around the consumer staples space that are holding the stock down. If history is any guide, this too shall pass. Thus, the historically high yield on offer right now is likely to be very appealing to a long-term income investor.

PepsiCo Inc (PEP) stock saw a modest uptick, ending the day at $149.12 which represents a slight increase of $0.50 or 0.34% from the prior close of $148.62. The stock opened at $148.82 and touched a low of $148.

PepsiCo CEO Ramon Laguarta states his case to those in the new Trump administration possibly eyeing the health of the food industry.

PepsiCo recently issued a policy on its site declaring viewpoint neutrality in its media-buying and content policies "with respect to political or religious status or views."

PepsiCo, an American multinational food, snack, and beverage corporation, is now a $196 billion (by market cap) snack and beverage beast. Read more here.

A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer.

The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.

Siete is officially part of PepsiCo Inc. The global food and beverage company announced plans to acquire Austin-grown Garza Food Ventures LLC, known as Siete, late last year — a $1.2 billion deal that was finalized Jan. 17. It’s unclear if Siete will move its headquarters or continue to be based in Austin.