Is PepsiCo (PEP) Still Attractive After Recent Mixed Long Term Share Price Performance
- If you are wondering whether PepsiCo at around US$144 per share still offers value, you need to look past the brand and focus on what the current price actually implies.
- The stock is up 1.2% over the last week, slightly positive at 1.5% year to date, and has returned 15.5% over the past year, although the past 3 years show a decline of 12.5% and the 5 year return sits at 14.9%.
- Recent coverage has highlighted PepsiCo as a core consumer staples stock that some investors revisit when they reassess defensive holdings. This can help explain why returns over the past year differ from the weaker 3 year record. Broader market commentary has also focused on how higher interest rates affect steady dividend payers, giving more context to the…
Source link
