Pepsi reported its results today. The results weren't terrible for me, but they weren't pretty either. I don 't have$PEPstock in my portfolioanymore , but the current price is not bad at all for establishing a position.
Do you have $PEPstock in your portfolio ?
It's probably too stable a stock for me. If I want a dividend stock in my portfolio, I will definitely choose another stock.
The price isn't bad at all, but I'm not buying yet.
For me, $PEP is much better than $KO. There is not that much difference in dividend, but the performance is better in $PEP.
It nicely reversed the share price decline.
I do not want shares of such companies in my portfolio. It is very likely that the growth of these stocks will slow down and the government will eventually ban various products and drinks because of the fact that it will be very unhealthy and will make people even more obese.
This is a quality company and as a defensive component of the portfolio it is definitely great. A nice dividend is a bonus as well.