PepsiCo Stock Is On Sale: Here's Why You Should Consider Adding It to Your Portfolio Now
PEPPepsiCo(PEP) The Motley Fool·2024-09-05 17:25

With PepsiCo's share prices down about 9% from 2023 highs, it's a good time to start looking at the stock. The stock for great companies doesn't fall into the discount bin all that often. It is usually a good deal if you simply get a fair price, which is what looks to be the case with PepsiCo (PEP 0.55%) today. Although the price is "only" down around 9% from its 2023 highs (just above "correction" territory), the dividend yield and valuation metrics here suggest now is a good time to add the stock to your ...