Read This Before Buying PepsiCo Stock
For all the talk about the wind possibly coming out of the sails of the artificial intelligence (AI) trade, a real sector rotation hasn't played out.
Recent headlines suggest investors are skittish about what the near term holds for growth and technology stocks. Such jitters often compel market participants to move into defensive sectors, but broadly speaking, consumer staples stocks -- a defensive group to be sure -- aren't responding.
PepsiCo's stock is slumping. A rebound, though possible, could take some time. Image source: Getty Images.
Source Fool.com
PepsiCo Inc. Stock
€143.38
-0.180%
Currently there is a rather positive sentiment for PepsiCo Inc. with 18 Buy predictions and 4 Sell predictions.
However, we have a potential of -1.66% for PepsiCo Inc. as the target price of 141 € is below the current price of 143.38 €.
