Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is PepsiCo Stock a Buy?

TheMotleyFool

0 0

PepsiCo (NASDAQ: PEP) shares have slipped 2.2% so far this year, dramatically outperforming the rest of the market. As the coronavirus outbreak expanded last month, weighing on companies' supply chains and sales, the S&P 500 plunged into bear-market territory. The index has now recovered a bit and is down 14% since the start of 2020.

PepsiCo's presence in snacks may have helped it resist steep declines as shoppers stocked their shelves with food in preparation for lockdowns. As a result, PepsiCo's sales may have fared better than sellers of nonessential items during the first quarter. Now, investors may be wondering if the company has what it takes for long-term revenue and share gains.

Image source: Getty Images.

Source Fool.com

Like: 0

PEP

Share