PepsiCo's Deep Discount Will Soon Evaporate: Buy It While You Can

PepsiCo TodayPEPPepsiCo$150.08 +5.37 (+3.71%) 52-Week Range$127.60▼$177.50Dividend Yield3.79%P/E Ratio27.34Price Target$158.25Add to WatchlistPepsiCo’s NASDAQ: PEP deep discount will soon evaporate because the stock price is disconnected from reality, and the FQ3 earnings report supports this. Trading at approximately 17x the current year’s earnings outlook and 11x the 2035 forecasts, the stock is at the low end of its historical range and set up for a cyclical rebound that could more than double its price ...