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Actionable news in PEP: PEPSICO Inc,

Jim Cramer: Buy Pepsico If It Disappoints Monday

If Pepsico (PEP - Get Report) disappoints when it reports first-quarter earnings Monday then investors should use it as an opportunity to snap up more shares.

"I think Indra Nooyi is delivering consistently," says Cramer. "And one would have to think that the activists in the stock have taken profits. Why else would they stay in? Because this is one that has really worked."

Pepsico is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells PEP? Learn more now.

For the quarter, analysts, on average, expect...