Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
PepsiCo, Inc.'s recent underperformance presents a buying opportunity due to its strong pricing power, brand loyalty, and focus on margin improvement. Despite headwinds like slowing U.S. sales, PepsiCo's solid international growth and commitment to dividends and buybacks make it a reliable defensive investment. PepsiCo's Dividend King status, with over 50 years of hikes and a 3.1% yield, underscores its appeal for income-focused investors.
The latest trading day saw PepsiCo (PEP) settling at $177.36, representing a +0.06% change from its previous close.
In the latest trading session, PepsiCo (PEP) closed at $177.26, marking a +0.84% move from the previous day.
Coca-Cola's total return of 23% has outpaced PepsiCo's 7% in 2024. Both companies have a long history of paying and raising their dividends.
Smart investors are aware that growing your money without working for it can happen through the right investment strategy.
PepsiCo Inc. PEP is making waves in the stock market as its shares recently formed a bullish technical pattern known as a Golden Cross.
PepsiCo is one of the world's largest beverage and food makers. The company's dividend yield is around 2.9% today.
PepsiCo (PEP) closed at $178.52 in the latest trading session, marking a +0.55% move from the prior day.
Given its better valuation, we believe PepsiCo stock (NYSE: PEP) is a better pick than its peer, Coca-Cola stock (NYSE: KO). PEP stock trades at 21x forward earnings, versus 25x for KO.
Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.