1 Beaten-Down S&P 500 Dividend King to Buy and Hold Forever
's (NASDAQ: PEP) shares have had more fizzle than fizz recently. The stock has fallen more than 10% from its peak over the last 12 months. Meanwhile, the S 500 index has soared over 30% during the same period.
Don't pour Pepsi down the drain just yet, though. Here's why this beaten-down S 500 Dividend King is a stock you can buy and hold forever.
Throughout much of the last decade, PepsiCo's total returns outperformed the S 500. Why has the stock declined over the past year? There are several reasons.
Source Fool.com
PepsiCo Inc. Stock
€160.02
0.540%
With 22 Buy predictions and not a single Sell prediction PepsiCo Inc. is an absolute favorite of our community.
As a result the target price of 174 € shows a slightly positive potential of 8.74% compared to the current price of 160.02 € for PepsiCo Inc..
