PepsiCo Inc (PEP): Today's Featured Food & Beverage Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.4%. By the end of trading, PepsiCo rose $1.22 (1.4%) to $85.24 on heavy volume. Throughout the day, 7,227,879 shares of PepsiCo exchanged hands as compared to its average daily volume of 4,792,300 shares. The stock ranged in a price between $83.93-$85.51 after having opened the day at $84.05 as compared to the previous trading day's close of $84.02. Other companies within the Food & Beverage industry that increased today were:
(
), up 12.7%,
(
), up 3.5%,
(
), up 3.3% and
(
), up 3.3%.
PepsiCo, Inc. operates as a food and beverage company worldwide. PepsiCo has a market cap of $131.0 billion and is part of the consumer goods sector. Shares are up 22.8% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
PepsiCo
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full PepsiCo Ratings Report.
On the negative front,
(
), down 5.0%,
(
), down 4.0%,
(
), down 3.4% and
(
), down 2.5% , were all laggards within the food & beverage industry with
Mead Johnson Nutrition Company
(
) being today's food & beverage industry laggard.
- Use our food & beverage section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
PowerShares Dynamic Food & Beverage
(
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
(
ADZ
).
- Find other investment ideas from our top rated ETFs lists.
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