On Thursday, March 20, 2025, after the U.S. stock market closed, Micron Technology (NASDAQ: MU) announced its fiscal second-quarter financial results. These results pleased investors slightly, as evidenced by a 2% rise in aftermarket trading. Having recommended Micron stock as a **buy** for over a year, I was encouraged to see continued strong performance.

PepsiCo stock has experienced a significant decline, dropping 26.9% from its peak in May 2023. This marks one of the largest corrections in the company's history. Investors are now asking: Is PepsiCo undervalued, or does this drop signal deeper issues? Let’s explore PepsiCo’s financial health, growth metrics, valuation, and long-term potential.