After adding exposure to renewables (BEP) and healthcare (Novo Nordisk), I wanted to include a consumer defensive stock with a long history of solid performance, reliable dividends, and global brand power. PepsiCo checked all the boxes.
What I like about PEP is the combination of steady cash flow from both food and beverage segments, global diversification, and decades of consistent dividend growth. It's the kind of company that keeps delivering in good times and bad — which makes it a perfect stabilizer in a portfolio with riskier bets.
It’s not a flashy pick, but that’s the point. I see it as a safe, income-generating pillar that helps balance my more volatile holdings while still offering long-term value.$
