PepsiCo (PEP) announced acquisition of the healthy soda brand Poppi for nearly $2 billion, a move seen aligned with its aggressive M&A strategy. This strategic acquisition is set to boost PepsiCo's healthier beverage portfolio amidst the growing preference for wellness-centric consumer goods. Besides, PepsiCo continues to be recognized among the defensive dividend stocks to hold onto despite the market sell-off, thanks to its resilient business model and healthy dividend pays. Numerous asset management companies have made new investments in and reduced holdings of PepsiCo.
Furthermore, despite some analysts cutting PepsiCo’s stock to “Equal Weight
Pepsico PEP News Analytics from Thu, 12 Dec 2024 08:00:00 GMT to Sat, 22 Mar 2025 11:22:19 GMT - Rating 3 - Innovation 6 - Information 8 - Rumor -6
