4 Reasons to Buy PepsiCo Stock Like There's No Tomorrow
Few companies are as proven and durable as food and beverage giant (NASDAQ: PEP). The company has performed for decades, showering investors with dividends and building wealth over generations. The stock has steadily faded in recent weeks and is approaching 52-week lows.
Years of inflation have consumers grappling with higher grocery prices, and sentiment is dropping. Investors have already seen companies like McDonald's cite weaker consumer spending as a headwind to their business.
So, should investors stay away, or is now the time to buy the stock?
Source Fool.com
PepsiCo Inc. Stock
€158.42
0.430%
The stock is an absolute favorite of our community with 22 Buy predictions and no Sell predictions.
With a target price of 174 € there is a slightly positive potential of 9.83% for PepsiCo Inc. compared to the current price of 158.42 €.
