A drop in commodity prices, a differentiated product line and streamlined operations are helping Pepsi (PEP) pull even further away from its rival Coke, said Kate Warne, Investment Strategist from Edward Jones. 'We think they are very much focused on cutting costs and that’s part of what is generating growth,' said Warne. 'We think that is really good news for investors because it’s a diversified portfolio of snacks and drinks and that should give it the growth over time to support not only the current 3% yield but dividend growth and that’s really attractive for investors right now.' Shares of Pepsi are up 2.3% so far in 2015 compared with a 3.7% drop in Coca Cola’s stock. Warne is also bullish on Time Warner’s (TWX) stock, up 3% year-to-date, saying the media giant has been creating the right content at its HBO and Warner Brothers divisions. Furthermore, she said the company is finding ways for viewers to watch their favorite shows at their convenience. 'They are focused on getting that content where the customer wants to see it, not just on cable but on your phone and every place else,' said Warne. 'We think that’s key to their growth over time.'