Where Will PepsiCo Be in 5 Years?
PepsiCo (NASDAQ: PEP) has been a reliable stock for turbulent times. Its portfolio of products is well diversified across the beverage and packaged food markets, it consistently repurchases its shares, and it has raised its dividend annually for over four decades.
That's why PepsiCo's stock rallied nearly 50% over the past five years as the S&P 500 rose 45%. But can PepsiCo continue climbing as the U.S.-China trade war, tariffs, interest rates, and other macro issues cause investors to flee to safer assets like bonds?
Let's glance into what could be the company's next five years to find out.
Source Fool.com
