PEP Stock Moves Mere 5% in Six Months: Time to Sell or Stay Patient?
PepsiCo(PEP) ZACKS·2024-08-31 02:12
PepsiCo Inc. (PEP) stock seems to have fizzled out, showing slight movement on the bourses in recent months. PEP's 4.6% growth in the past six months is underwhelming compared with the broader industry and the Zacks Consumer Staples sector's rise of 9.6% and 7.2%, respectively. Currently priced at $173.76, the PEP stock trades at a 6.2% discount to its 52-week high of $183.41 reached on May 16, 2024. Moreover, PepsiCo's current price indicates that the stock has reverted to the levels it saw in late 2021 an ...