PepsiCo ( NYSE:PEP )'s shares also performed solidly during the quarter. Often during more volatile markets, consumer staples like PepsiCo emerge as strong performers due to the safety and consistency of their business model.
From Donald Yacktman ( Trades , Portfolio )'s third quarter 2015 commentary.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.