8 Stocks with Lowest Short Interest to Buy

6) PepsiCo, Inc. (NASDAQ:PEP)

Short % of Float (as of September 30): 1.31%

Number of Hedge Fund Holders: 65

PepsiCo, Inc. (NASDAQ:PEP) is engaged in manufacturing, marketing, distributing, and selling various beverages and convenient foods worldwide.

PepsiCo, Inc. (NASDAQ:PEP) has a strong foothold in a highly competitive F&B industry. The company’s diverse product portfolio, including both snacks and beverages, offers a degree of insulation against market fluctuations and changing consumer preferences. Moving forward, the company’s strong brand recognition and strategic market positioning are expected to act as critical tailwinds. Its diverse product range should further strengthen its competitive positioning.

PepsiCo, Inc. (NASDAQ:PEP) can leverage its robust presence in both snacks and beverages in order to create bundled offerings or promotions. This can help increase its overall sales. PepsiCo, Inc. (NASDAQ:PEP)’s broad portfolio enables it to negotiate better terms with suppliers and retailers, resulting in economies of scale. Therefore, its strong research and development capabilities, global market presence, and distribution network should continue to fuel long-term growth.

PepsiCo, Inc. (NASDAQ:PEP) continues to focus on enhancing its core products, investing in promotional efforts, and embracing digitalization in a bid to improve efficiency.  The company continues to target long-term growth, stemming from changing snacking patterns, primarily among Gen Z consumers.

As per Wall Street, the shares of PepsiCo, Inc. (NASDAQ:PEP) have an average price target of $184.07.