Major packaged food makers including Quaker Oats and Folgers coffee asked U.S. President Donald J. Trump for targeted exemptions from tariffs on imports like cocoa and fruit, according to a letter seen by Reuters.
Jefferies downgraded PepsiCo Inc (NASDAQ:PEP) stock to "hold" from "buy," and cut its price target to $170 from $171.
Jim Cramer breaks down why he's keeping an eye on shares of PepsiCo.
It is virtually impossible not to look at Coca-Cola (NYSE: KO) if you are considering buying PepsiCo (PEP 0.77%) and vice versa. The two companies are iconic and globally dominant beverage giants.
PepsiCo (PEP) closed at $153.88 in the latest trading session, marking a -0.2% move from the prior day.
When the market narrative becomes too widely accepted, excess seems to be created in some areas of the economy as businesses prepare for what's coming their way. Today's stock market seems to be focused on one theme and one theme only: stagflation.
Investors who have watched PepsiCo (PEP -1.15%) for years waiting for a good time to buy the stock have that opportunity right now. That problem is getting past the fact that the stock price has plunged more than 20% from its highs in 2023.
PEP shows strong long-term potential, but near-term challenges suggest caution. Let us find out whether you should buy, hold, or wait and watch.
Is your portfolio thirsty for an undervalued dividend payer? There are plenty of solid options to choose from at this time, but arguably none as compelling as PepsiCo (PEP 0.95%) in the wake of the stock's 22% pullback from its 2023 high.
PepsiCo (PEP 0.34%) stock is trading down nearly 23% from highs set in May 2023. That's technically a bear market-type of pullback for this consumer staples giant.
The Liberty, NY manufacturing facility has been a significant employer in the Hudson Valley region for almost three decades.
We see PepsiCo as a 'Strong Buy' due to its robust profitability, attractive valuation, and ability to adapt to changing consumer trends. Despite recent earnings disappointments and top-line growth concerns, we think PEP's strategic brand acquisitions and pricing power should drive long-term growth. The stock's current multiple, trading at decade-lows, presents a compelling buying opportunity, especially with the potential for significant multiple expansion.