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Recent Articles
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View Current and Archived Best Ideas Newsletters
Oct 11, 2025
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View previous editions of the Best Ideas Newsletter in this article.
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Valuentum's Best Ideas Newsletter Portfolio
Oct 11, 2025
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We disclose the holdings of the portfolio of the Best Ideas Newsletter in this article. This portfolio can always be found in each edition of the monthly Best Ideas Newsletter.
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PepsiCo’s Earnings Stagnate While Organic Revenue Expands
Oct 10, 2025
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Image Source: TradingView.
Looking to 2025, PepsiCo continues to expect a low-single-digit increase in organic revenue and core constant currency earnings per share to be approximately even with the prior year. Management expects total cash returns to shareholders of approximately $8.6 billion, comprised of dividends of $7.6 billion and share buybacks of $1.0 billion. On a core earnings per share basis, the company expects a 0.5% decline in 2025 versus previous expectations of a 1.5% decline and compared to core earnings per share of $8.16 in 2024. The company ended the quarter with debt obligations of $50.8 billion and cash and short-term investments of $8.7 billion. We like PepsiCo, but think there are better opportunities in the simulated newsletter portfolios.
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Delta Air Lines Generates Record September Quarter Revenue
Oct 10, 2025
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Image Source: TradingView.
Looking to the fourth quarter of fiscal 2025, Delta Air Lines expects total revenue to increase 2%-4%, with an operating margin of 10.5%-12%, resulting in earnings per share in the range of $1.60-$1.90. For fiscal year 2025, earnings per share is targeted at approximately $6.00, while free cash flow is expected in the range of $3.5-$4 billion. Gross leverage is anticipated to be less than 2.5x. Delta ended the quarter with $14.9 billion in debt and finance leases and $3.8 billion in cash and cash equivalents. Delta’s third quarter results speak to healthy consumer spending as a read on the economy, but we won’t be investing in any airline anytime soon.
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