It must take a lot of inspired leadership, meetings, carefully crafted PowerPoints, unnecessary travel and dedicated hard working people to achieve results like this
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- Just released by a bull analyst... Even they aren't hopeful in PepsiCo.
JPMorgan Adjusts Price Target on PepsiCo to $139 From $150, Maintains Neutral Rating.
- From Clearbridge Investments...Sold all its PepsiCo holdings.
“We exited PepsiCo, Inc. (NASDAQ:PEP), in the consumer staples sector. Although the company’s international business has been executing well, the continued lack of a clear strategy to turn around the slide in snacks continues to weigh on PepsiCo’s long-term trajectory. Combined with shifting consumer preferences away from its core brands toward health-focused alternatives and the dissemination of GLP-1 medication, we elected to exit the position in pursuit of areas offering greater opportunity.”
Noticed the investment groups are selling stocks while dividend groups are buying stock. That’s a big problem that’s not being noticed. Shows lack of confidence in the stocks.
Flirting with a 5 year low. It’s basically a bond or yield equivalent to a high yield savings account. PepsiCo is a dividend king, but the cash flow is going to force the board to either cut the dividend or start financing to cover it. Financing dividend payment is an awful choice, but I assume this is what will happen in order to attract new investors. Investors have much better options than PepsiCo. Snacks are under pressure and Coke is undeniably the superior operator in the space.