Where Will PepsiCo Stock Be in 5 Years?
PepsiCo (NASDAQ: PEP) stock was a big winner for investors in 2022. The snacks and beverages giant managed positive returns even as the S&P 500 dropped 19%.
That outperformance made sense given Pepsi's strong and accelerating sales growth and its ability to boost prices without sacrificing much in the way of sales volumes.
But what about 2023 and beyond? Let's take a look at whether Pepsi is likely to extend its positive momentum into the coming years while generating market-thumping returns for its shareholders.
Source Fool.com
