PepsiCo: Too Much Dividend Love
PEPPepsiCo(PEP) Seeking Alpha·2024-03-12 03:37

JHVEPhoto PepsiCo, Inc. (NASDAQ:PEP) has turned into one of the most over-owned stocks despite consistently meager growth results. The stock price is vastly disconnected from the growth opportunities ahead, even after years of PepsiCo underperforming the S&P 500 (SP500). My investment thesis is Bearish on the consumer staples stock still trading at a premium valuation, even after the large dip from the highs last May. Source: Finviz Focus On Actual Growth Metrics PepsiCo started last month by reporting Q4 ' ...