We came across a bullish thesis on PepsiCo, Inc. (PEP) on Substack by Daan Rijnberk. In this article, we will summarize the bulls’ thesis on PEP. PepsiCo, Inc. (PEP)'s share was trading at $146.54 as of Jan 16th. PEP’s trailing and forward P/E were 21.61 and 16.92 respectively according to Yahoo Finance.
[caption id="attachment_946891" align="aligncenter" width="750"]PepsiCo's share price has faced substantial pressure throughout 2024 as investors shifted their focus toward higher-growth stocks, compounded by external risks such as...
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