PepsiCo Reaches New 52-Week High (PEP)

NEW YORK ( TheStreet) -- PepsiCo (NYSE: PEP) hit a new 52-week high Monday as it is currently trading at $84.81, above its previous 52-week high of $84.78 with 457,516 shares traded as of 10:16 a.m. ET. Average volume has been 5.2 million shares over the past 30 days.

PepsiCo has a market cap of $130.75 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 23.6% year to date as of the close of trading on Friday.

PepsiCo, Inc. operates as a food and beverage company worldwide.

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TheStreet Ratings rates PepsiCo as a buy. 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.

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