PepsiCo, Inc. (PEP) is earning attentions globally for its strong portfolio and strategic investment activities. Investor favorite and top stock expert Louis Navellier has counted PepsiCo among his long-term picks. A series of stock purchases reported from organizations like Verity & Verity, Trust Co of Kansas, and Spring Capital Management, show investor confidence in PepsiCo. Notwithstanding, the FTC has filed a price discrimination case against PepsiCo causing some uncertainty.
The stock is reported to be trading higher and it is observed with a strong proposal for passive income. Even in the face of potential risks warned by Jim Cramer, the stock continues to perform higher than the general market. PepsiCo also recently made headlines with the acquisition of Siete Foods for $1.2 billion, looking to expand its portfolio in the healthier Mexican Food category. Despite allegations from the FTC and potential risks ahead, investor sentiment remains strong.
Pepsico PEP News Analytics from Mon, 30 Sep 2024 07:00:00 GMT to Sat, 18 Jan 2025 20:58:20 GMT - Rating 6 - Innovation 3 - Information 7 - Rumor -5
