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Why Pepsi Is Giving up Its Soda Habit


Millions of Americans may still be hooked on their daily dose of soda pop, but that doesn't mean the company manufacturing it has to be as well. In fact, PepsiCo (PEP - Get Report) , the world's second-largest food and beverage business, announced this week that it is shifting its focus away from the soda that made it famous.

Is this a dangerous decision for the company? Or by focusing on healthier options, does PepsiCo open itself up to increased growth?

PepsiCo is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. See how Cramer rates the stock here. Want to be alerted before Cramer buys or sells PEP? Learn more now.

Must Read: PepsiCo, Coca-Cola Declare War in Sparkling New Category

This week, PepsiCo announced its first-quarter 2016 results. Profits beat expectations, with earnings coming out at 89 cents per share, versus the analysts' forecast of 81 cents per share. Although the company's international business met with strong headwinds overseas resulting from a weak dollar, North American sales rose. Domestic beverage sales increased by 1.5%, to $4.36 billion. And...