Published on 9 Mar 2023 on Zacks via Yahoo Finance
PepsiCo (PEP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this food and beverage company have returned +1.1% over the past month versus the Zacks S&P 500 composite's -2.9% change. The Zacks Beverages - Soft drinks industry, to which PepsiCo belongs, has gained 2.9% over this period. Now the key question is: Where could the stock be headed in the near term?