Where Will PepsiCo Stock Be in 3 Years?
(NASDAQ: PEP) has been a lackluster investment over the past three years. Its stock only rose 9% and delivered a total return of 19% after including its reinvested dividends. In comparison, the S 500 generated a total return of 31%.
PepsiCo underperformed the market as inflation, a strong dollar, and several major recalls throttled its growth. However, its attractive forward dividend yield of 3.1% and its reputation as a safe-haven stock prevented it from dropping off a cliff. Should investors still buy PepsiCo in anticipation of bigger gains over the next three years?
Image source: Getty Images.
Source Fool.com
PepsiCo Inc. Aktie
119,42 €
-1,82 %
Die PepsiCo Inc. Aktie ist leicht im Trend: Mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 147 € für PepsiCo Inc. bedeutet eine mögliche Steigerung um über 20% im Vergleich zu 119.42 €.
