1 Beaten-Down S&P 500 Dividend King to Buy and Hold Forever
's (NASDAQ: PEP) shares have had more fizzle than fizz recently. The stock has fallen more than 10% from its peak over the last 12 months. Meanwhile, the S 500 index has soared over 30% during the same period.
Don't pour Pepsi down the drain just yet, though. Here's why this beaten-down S 500 Dividend King is a stock you can buy and hold forever.
Throughout much of the last decade, PepsiCo's total returns outperformed the S 500. Why has the stock declined over the past year? There are several reasons.
Source Fool.com
PepsiCo Inc. Stock
PepsiCo Inc. is currently one of the favorites of our community with 15 Buy predictions and no Sell predictions.
With a target price of 176 € there is a slightly positive potential of 7.24% for PepsiCo Inc. compared to the current price of 164.12 €.