PepsiCo’s CEO Indra Nooyi is shaking up the snack world with snacks that not only taste good, but are actually good for you. TheStreet’s Jim Cramer says Nooyi is changing PepsiCo’s reliance on soda sales. Activist shareholder Nelson Peltz is pushing for a breakup of the company into soda and snacks but Cramer believes Nooyi, who is opposed to the plan, would do it if she felt it would create value for PepsiCo. Cramer believes PepsiCo is a terrific buy under $83 dollars a share.
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