Where Will PepsiCo Stock Be in 3 Years?

The packaged-foods giant is a stable but uninspiring investment. PepsiCo (PEP 0.30%) 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&P 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 sto ...