Is PepsiCo Stock a Buy?
A combination of steady growth, climbing profitability, and a solid balance sheet makes for a great setup when considering a stock as a potential investment opportunity. Consumer-staples sector leader (NASDAQ: PEP) checks off those boxes.
On the other hand, the recent trading action hasn't been very inspiring. Shares of PepsiCo are down 10% from their 52-week high, underperforming the S 500 in 2024. While this type of volatility can sometimes warrant caution, it's important to stay focused on the big picture, which remains positive.
Here's why I believe PepsiCo is a buy and well-positioned to rebound into the second half of the year.
Source Fool.com
PepsiCo Inc. Stock
€122.58
0.150%
With 22 Buy predictions and 2 Sell predictions PepsiCo Inc. is one of the favorites of our community.
As a result the target price of 144 € shows a slightly positive potential of 17.47% compared to the current price of 122.58 € for PepsiCo Inc..
