Is PepsiCo Stock a Buy for 2024?

Investors are about to learn a lot about PepsiCo's (PEP -0.64%) momentum heading into fiscal 2024. The snack and beverage giant will announce its Q4 results in early February, likely confirming that demand trends held up well through late December despite slower consumer spending in some parts of the economy.Pepsi will also issue its first official 2024 forecast, along with a new outlook on its capital return plans. These updates could spark volatility for the stock around the Feb. 9 earnings report. But in ...