PepsiCo Inc. ($PEP) Stock Forecast: Down 1.1% Today

What is PepsiCo Inc.?

PEP (PepsiCo) is a renowned multinational food and beverage corporation, known for its wide range of products including sodas, snacks, and juices. The company has a strong presence in the consumer-staples market.

Why is PepsiCo Inc. going down?

PEP stock is down 1.1% on Jul 1, 2024 14:45

• The bearish movement in PEP stock today could be attributed to several factors:
• The uncertainty surrounding the stock's performance leading to investor hesitation.
• While the emotional victory in the T20 World Cup by India, where PepsiCo's ex-boss expressed her sentiments, may have garnered positive attention, it might not have directly impacted the stock's performance.
• The focus on dividend stocks and retirement portfolios could have shifted investor preferences towards more stable and low-risk investments, potentially diverting funds from PEP.
• Despite Schneider National winning the PepsiCo Asset Sustainability Carrier of the Year award, showcasing environmental commitment, this positive news might not have translated directly into a bullish sentiment for PepsiCo's stock today.

PEP Price Chart

PEP News

Is PepsiCo Stock a Buy?

The glass may be half full for this consumer-staples giant.

https://www.fool.com/investing/2024/06/30/is-pepsico-stock-a-buy/?source=iedfolrf0000001

''''It Was A Nail Biter Till The End'''': PepsiCo Ex-Boss Indra Nooyi After India''s Win In T20 World Cup

Several people resonated with her emotions, saying how it was a well-deserved win for India.

https://www.ndtv.com/feature/it-was-a-nail-biter-till-the-end-pepsico-ex-boss-indra-nooyi-after-indias-win-in-t20-world-cup-6002823#publisher=newsstand

7 Dividend Kings to Buy With Your Roth IRA Money in 2024

Investing in Dividend Kings through a Roth IRA presents a special opportunity. Not only do you benefit from the tax-free growth and withdrawals that a Roth IRA offers, but you also harness the power of compounding dividends from some of the most dependable companies in the market. This strategy can significantly compound your retirement savings over time. However, not all Dividend Kings are great buys for your Roth IRA. Some companies hike up their dividends to keep up the record while their businesses underperform. It is best to avoid such companies and put your money into the stickiest names out there while also allocating some money to solid dividend stocks with upside potential. Here are seven to look into.

https://investorplace.com/2024/06/7-dividend-kings-to-buy-with-your-roth-ira-money-in-2024/

Seeking Safety? 3 Must-Buy Stocks for Your Retirement Portfolio.

When it comes to retirement investing, it is never too early to start. If you start early, you can build a strong retirement portfolio that takes care of your expenses while you sit back and enjoy the golden years. Investing for retirement should not be aggressive or high-risk. You need to ensure that you put your money where it will steadily grow and the chances of losing it are minimal. While there is no guarantee in the stock market, it makes sense to look out for retirement stocks to buy that have already proved their strength.  Such companies are unaffected by macroeconomic situations and they know how to handle the market ups and downs. I’ve identified three stocks worth adding to your retirement portfolio. They will ensure steady growth and passive income for years to come. These companies have a rich legacy, strong cash flow and pay dividends. Let’s take a look at them.

https://investorplace.com/2024/06/seeking-safety-3-must-buy-stocks-for-your-retirement-portfolio/

Schneider honored for its commitment to responsibility as PepsiCo Asset Sustainability Carrier of the Year for third consecutive year | SNDR Stock News

Schneider National wins PepsiCo Asset Sustainability Carrier of the Year for the third consecutive time, highlighting its zero-emission shipments and environmental commitment.

https://www.stocktitan.net/news/SNDR/schneider-honored-for-its-commitment-to-responsibility-as-pepsi-co-oea4fkwvspb1.html

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PepsiCo Inc. Price History

25.03.2024 - PEP Stock was up 5.2%

• PepsiCo stock showed a bullish trend backed by positive future projections, particularly from a notable financial firm.
• Despite issues impacting domestic sales, robust international demand led PepsiCo to surpass sales expectations.
• The broader market also displayed positivity, with significant gains in the Dow suggesting improved investor confidence that may have influenced PepsiCo's stock performance.
• Concerns raised by a recent study naming PepsiCo as a major contributor to plastic pollution did not hinder its stock's resilience and investor trust.

24.03.2024 - PEP Stock was up 5.2%

• PepsiCo's strong bullish movement today can be attributed to beating sales estimates driven by robust international demand, surpassing revenue expectations amid strong international demand, and being identified as one of the companies operating in the consumer industry that are considered safe investments during economic turbulence.
• Despite product recalls impacting U.S. sales, the company's performance in international markets has been a significant growth driver.
• The positive market sentiment and investor confidence in blue-chip stocks like PepsiCo during uncertain economic times have also contributed to the bullish movement of the stock.
• The company's ability to exceed revenue expectations and demonstrate resilience in the face of challenges like product recalls showcases its strong market position and potential for growth in the future.

01.03.2024 - PEP Stock was down 1.2%

• The bearish movement in PepsiCo's stock today could be attributed to changing consumer behaviors, which may have raised concerns among investors about the company's long-term growth prospects.
• The news about whales taking a bearish stance on PepsiCo might have influenced market sentiment and contributed to the downward movement in the stock price.
• Despite positive initiatives like collaborations with Hasbro and scholarships for HBCU students, the overall market reaction seems to have been overshadowed by broader concerns about consumer trends and investor sentiment.

05.09.2023 - PEP Stock was down 5.0%

• The bearish movement in PEP stock today could be attributed to a combination of factors:
• 1. Pricing Concerns: The article "Unveiling PepsiCo (PEP)''s Value: Is It Really Priced Right? A Comprehensive Guide" raises questions about the valuation of PepsiCo, suggesting that investors may have concerns about the stock being overpriced.
• 2. Earnings Anticipation: The article "PepsiCo Q3 Earnings Preview: Time To Question The Dividend Motif" mentions the anticipation of PepsiCo's Q3 earnings report. Investors might be cautious ahead of the release, leading to selling pressure on the stock.
• 3. Gaming Partnership: While not directly related to the bearish movement, the article "DORITOS®, MTN DEW® & ROCKSTAR® ENERGY DRINK JOIN FORCES WITH XBOX TO REWARD PLAYERS EVERY TIME THEY GAME WITH THEIR FAVES" highlights a partnership between PepsiCo brands and Xbox. This collaboration might have a positive impact on brand visibility and future sales, but it doesn't seem to have influenced the stock movement significantly today.
• Overall, the bearish movement in PEP stock today could be attributed to concerns about valuation and anticipation of the upcoming earnings report.

13.06.2023 - PEP Stock was up 0.1%

• The bullish movement in PEP's stock can be attributed to the following factors:
• 1. Strong Q2 Earnings: PepsiCo reported quarterly earnings that exceeded expectations, driving investor confidence in the company's performance.
• 2. Margin Improvement: PepsiCo's CFO, Hugh Johnston, highlighted the company's focus on driving margins through productivity, indicating successful cost management strategies.
• 3. Positive Market Sentiment: The overall positive market sentiment, fueled by anticipation of a surge in the stock market and easing inflationary pressures, likely contributed to the bullish movement in PEP's stock.

11.06.2023 - PEP Stock was down 1.5%

• The bearish movement in PEP's stock could be attributed to the overall market sentiment, as Asian stock markets and oil prices rose while traders hoped for easing rate hikes.
• The rejection of PepsiCo's patent for a potato variety grown for Lay's chips by the Delhi High Court could have negatively impacted investor sentiment.
• The strategic partnership between PepsiCo and EA Sports FC to deliver entertainment experiences centered around the new EA Sports FC game might not have had an immediate positive impact on the stock.
• The Forbes Richest Self-Made Women list featuring Indra Nooyi, former CEO of PepsiCo, could have indirectly influenced investor sentiment but may not be directly related to the bearish movement.

07.06.2023 - PEP Stock was down 0.7%

• The bearish movement in PEP's stock could be attributed to the news of roaring sales in Russia for PepsiCo and its competitors, indicating potential market saturation and increased competition.
• The article mentioning growth stocks being overvalued and the risk of a severe correction could have influenced investors to sell off their positions in PEP.
• The news about India setting its own standards on sweeteners, including aspartame used in PepsiCo's products, could have raised concerns about potential regulatory challenges and consumer preferences, impacting the stock negatively.

28.05.2023 - PEP Stock was down 0.2%

• The bearish movement in PEP stock today could be attributed to a combination of factors:
• Stubbornly high inflation: The overall market's concern about inflation could have led to a sell-off in consumer staples stocks like PepsiCo. Investors may be worried about the impact of rising prices on the company's profitability.
• Lack of coverage in bonds and real estate: The article mentions that during periods of sustained inflation, commodities and consumer staples stocks tend to perform well. With bonds and real estate being considered too risky or not covered, investors may have shifted their focus towards other investment options, leading to a decline in PEP stock.
• Comparison with KDP: The article titled "Which Is A Better Beverage Pick PepsiCo Stock Or KDP?" suggests that there is a comparison between PepsiCo and Keurig Dr Pepper (KDP). This could have influenced investors' decisions, with some choosing to invest in KDP instead of PEP, resulting in a bearish movement for PepsiCo's stock.
• Overall, the bearish movement in PEP stock today could be a result of concerns about inflation, investor preference for other investment options, and the comparison with a competitor in the beverage industry.