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Stock Of The Day: Is This The Bottom For Pepsi?
Benzinga· 2026-01-06 17:42
PepsiCo, Inc. (NYSE:PEP) shares are little changed on Tuesday. They have trended lower as investors sold consumer staples stocks and shifted their money into the financial sector. • Where is PEP stock headed?But now, Pepsi is at support and oversold. These conditions could set the stage for a reversal and move higher. This is why Pepsi is the Stock of the Day.Stocks go down when the market is out of equilibrium.It's “Economics 101.” If there is more supply, or shares for sale, than there is demand or shares ...