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 Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of The Coca-Cola Company and PepsiCo. Motley Fool newsletter services recommend The Coca-Cola Company and PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.