PepsiCo, an American multinational food, snack, and beverage corporation, is now a $196 billion (by market cap) snack and beverage beast. PEP increased its dividend for an incredible 52 consecutive years, with a 10-year dividend growth rate of 7.9%. PepsiCo grew its revenue from $66.7 billion in FY 2014 to $91.5 billion in FY 2023, a compound annual growth rate of 3.6%.
My long-term financial goal is to eventually collect enough passive income each year to cover my basic living expenses. One aspect of my strategy is to invest in companies that pay an above-average dividend that steadily rises.
Kenny Polcari turns to companies which experienced recent downtrends that he believes can see bullish breakouts. He notes PepsiCo (PEP) as a major dividend grower, AeroVironment (AVAV) as a beneficiary to geopolitical issues, and Merck's (MRK) deals as growth drivers.
CEOs don't handle the day-to-day grind of a company, they think about the big picture. That's what PepsiCo (PEP 1.30%) CEO Ramon Laguarta was focused on in the second half of 2024.
The latest trading day saw PepsiCo (PEP) settling at $144.50, representing a +1.3% change from its previous close.
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The uncertainties around PepsiCo Inc's PEP performance in 2025 are already priced into the stock, according to Piper Sandler.
PEP and KO are both undervalued, and I foresee an appreciable upside in 2025. Owning both KO and PEP allows investors to benefit from complementary operational philosophies. Now is a great time to pick up these low beta stocks with incredible brands at a discount.
As 2025 gets underway, investors looking to refresh their portfolios with some attractively valued companies might be eyeing stocks that lagged the market in 2024. Beverage giants Coca-Cola (KO 0.37%) and PepsiCo (PEP 0.22%) have been under pressure over the past year, and both have fallen by around 14% from their 52-week highs.
One of the most important lessons you can learn as a long-term investor is to know what's driving the market. In 2023 and 2024, megacap growth stocks have been primarily responsible for taking the broader indexes to new heights.
In the most recent trading session, PepsiCo (PEP) closed at $152.81, indicating a +1% shift from the previous trading day.
PepsiCo's stock recently hit a 52-week low, presenting a buying opportunity for long-term dividend investors, despite ongoing economic headwinds and inflation concerns. The stock's drop is attributed to the FED's revised interest rate cut expectations, impacting discretionary sectors, including Pepsi. Pepsi's strong balance sheet, solid dividend history, and undervalued stock price signal a potential double-digit upside once inflation stabilizes.