Where Will PepsiCo Stock Be in 3 Years?
(NASDAQ: PEP) has been a lackluster investment over the past three years. Its stock only rose 9% and delivered a total return of 19% after including its reinvested dividends. In comparison, the S 500 generated a total return of 31%.
PepsiCo underperformed the market as inflation, a strong dollar, and several major recalls throttled its growth. However, its attractive forward dividend yield of 3.1% and its reputation as a safe-haven stock prevented it from dropping off a cliff. Should investors still buy PepsiCo in anticipation of bigger gains over the next three years?
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Source Fool.com
PepsiCo Inc. Stock
€118.86
-0.350%
With 23 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 positive potential of 21.15% compared to the current price of 118.86 € for PepsiCo Inc..
