1 Growth Stock Down 14% to Buy Right Now
Growth stocks are rarely available at a discount, and that's especially true after a strong stock market rally like the one that investors have seen in the past year. Yet while tech growth stocks have soared, Wall Street's enthusiasm hasn't carried over to less-popular industry niches like retailing and consumer staples.
Patient investors should consider taking advantage of that glaring oversight. Let's look at why you might want to put (NASDAQ: PEP) in your portfolio following its decline since last Spring.
The stock is down 14% since mid-May, even as the wider S 500 index jumped 20% higher. That shift has made PepsiCo cheaper by a few key valuation metrics.
Source Fool.com
PepsiCo Inc. Aktie
161,14 €
0,17 %
Die PepsiCo Inc. Aktie genießt hohe Beliebtheit: Mehr Buy- (23) als Sell-Einschätzungen (1).
Ein leicht positives Potenzial wird für PepsiCo Inc. mit einem Kursziel von 174 € im Vergleich zu 161.14 € gesehen.
