Why PepsiCo Stock Outperformed the Market in April

Shares of PepsiCo (NASDAQ: PEP) gained 2.6% in April, according to data provided by S&P Global Market Intelligence. While that's not a huge gain, it was against the backdrop of an 8.8% decrease for the S&P 500 at the same time. 

PepsiCo posted an excellent first-quarter earnings report in April demonstrating strong growth, which helped it stand out in a volatile market. It has also stayed about flat so far in May, about level with the S&P 500.

Image source: Getty Images.

Continue reading

Source Fool.com