Inside PepsiCo-should you buy the stock

PepsiCo Chief Financial Officer Hugh Johnston reflected on his firm's beating the estimates of its Q1 performance.We increased media and launched Pepsi Next,which is off to an incredibly strong start;as well as Quaker Medley oatmeal,which has chunks of fruit and nuts in it.We reaffirmed all our targets,Mr.Johnston pointed out.We're looking to build toward consistent long term high single digit growth.We put 5.5% pricing in for the year.We wanted to put it in immediately so we wouldn't have to raise prices again during the rest of the year,Hugh Johnston explained.PepsiCo analysts give the company 12 buy ratings,along with 8 holds and 1 sell.Their average price target for the food and beverage stock is 68.85.PepsiCo has just been chosen as exclusive beverage supplier to DineEquity restaurants,including all U.S. Applebee's and IHOP stores.Bloomberg's dividend watchers are predicting another increase in the company's payout to shareholders in the near future.It is a holding of mutual fund company Yacktman Asset Management. PepsiCo(PEP),DineEquity Inc.(DIN)