3 Stocks to Buy While They Are on Sale
Sales are always available on the stock market, although they can be harder to find during rallies like the one investors saw over the past year. Most stocks, especially in the tech industry, have become more expensive since early 2023.
There are still some attractive deals out there if you know where to look. Here are three stocks that have fallen from their all-time highs but seem primed for a rebound in 2024 and beyond.
(NASDAQ: PEP) stock became cheaper in 2023 despite the food and beverage giant's generally solid operating trends. Sales in the three quarters that ended in late September were up 12% and earnings expanded at a blazing 16% rate. These are impressive figures for a company situated in the mature and competitive consumer staples niche.
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 6.0% for PepsiCo Inc. compared to the current price of 166.04 €.
