PepsiCo (PEP) closed the latest trading day at $174.66, indicating a -0.31% change from the previous session's end. This change lagged the S&P 500's 1.7% gain on the day. Meanwhile, the Dow experienced a rise of 1.26%, and the technology-dominated Nasdaq saw an increase of 2.51%. Prior to today's trading, shares of the food and beverage company had 0% over the past month. This has lagged the Consumer Staples sector's gain of 2.99% and the S&P 500's gain of 1.27% in that time. Market participants will be clo ...

When you're an income investor, one of the key attractive features is dividend stability. It's nice to have a company that has an iconic product, and steady income that will allow them to maintain a dividend payout at or above I'm Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for ...

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COLUMBIA, MD, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Howard Community College (HCC) President Daria J. Willis today announced a $200,000 grant from the PepsiCo Foundation. It is the second consecutive year that HCC has been awarded the grant, which has contributed $300,000 to support comprehensive financial, mentoring and academic assistance for HCC students through the PepsiCo Foundation's Uplift Scholarship program. "We are honored by the PepsiCo Foundation and AACC's commitment to helping meet our students w ...

In the latest market close, PepsiCo (PEP) reached $177.36, with a +0.06% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.54%. Elsewhere, the Dow saw an upswing of 0.72%, while the tech-heavy Nasdaq appreciated by 0.65%. The food and beverage company's shares have seen an increase of 2.74% over the last month, not keeping up with the Consumer Staples sector's gain of 4.91% and the S&P 500's gain of 4.86%. The investment community will be paying close at ...

PepsiCo (PEP) closed the latest trading day at $177.26, indicating a +0.84% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.75%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1%. Shares of the food and beverage company have appreciated by 1.19% over the course of the past month, underperforming the Consumer Staples sector's gain of 3.54% and the S&P 500's gain of 4.03%. The upcoming earnings release of PepsiCo ...

Core Viewpoint - PepsiCo Inc. is experiencing bullish momentum in the stock market, indicated by a Golden Cross pattern, which suggests potential upward movement in its stock price [1][2][3]. Group 1: Stock Performance - PepsiCo's stock has risen by 2.77% over the past year and 3.51% year-to-date, but it has underperformed compared to the S&P 500, which has increased by 15.9% year-to-date [2]. - The stock is currently trading at $178.52, which is 3.2% below its 52-week high of $183.41 reached in May [2]. - The stock's 50-day moving average is $170.43, and the 200-day moving average is $170.21, indicating a bullish technical signal as the 50-day average crosses above the 200-day average [1]. Group 2: Company Overview - PepsiCo has a market capitalization of $245.16 billion and is known for its popular brands such as Pepsi, Lay's, and Gatorade [4]. - The company offers a stable dividend yield of 3.04%, which has been increased for 52 consecutive years, making it attractive to long-term investors [4]. - Despite recent volatility, the Golden Cross pattern suggests a potential turnaround for the stock, which has been trading below its 50-day moving average since mid-July [3]. Group 3: Competitive Landscape - While Coca-Cola has outperformed PepsiCo on a year-to-date basis, the recent bullish signals for Pepsi indicate it may be a worthwhile investment opportunity [5]. - The stock is currently in correction territory, and technical indicators suggest bullish momentum, making it an opportune time for investors to consider [5].

With PepsiCo's share prices down about 9% from 2023 highs, it's a good time to start looking at the stock. The stock for great companies doesn't fall into the discount bin all that often. It is usually a good deal if you simply get a fair price, which is what looks to be the case with PepsiCo (PEP 0.55%) today. Although the price is "only" down around 9% from its 2023 highs (just above "correction" territory), the dividend yield and valuation metrics here suggest now is a good time to add the stock to your ...