The following video is part of our "Motley Fool Conversations" series in which consumer goods editor/analyst Austin Smith discusses topics across the investing world.

In today's edition, Austin breaks down the good and the bad at PepsiCo. The day that it reported earnings the market seemed pretty disappointed. In early trading shares were down 4%, but is the bearish response warranted? Tune in to hear about the pros and cons.

Austin thinks PepsiCo could do a bit more to leverage its international opportunities. To find about about three companies that are already doing this, I invite you to take a look at our special free report: "3 Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!