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PEPSICO stock: going steady

FBS

The long-term picture is pretty clear for the Pepsi stock. Over the 10-year run, it has been consistently increasing in value. It left 2010 with $60 per share and reached its all-time high at the very beginning of 2020. There were turbulent periods, especially in 2019. However, nothing seemed to be able to kick this stock out of its steady upward-looking trajectory. Even the current crisis. A fierce fluctuation of unseen magnitude is visible at the end of the channel, however, it still doesn’t move away from the main course. Hence, we can take that as a fundamental reassurance that this stock is a strong and resilient one, and for a long-term investor, it should be a good option. Let’s move to shorter perspectives now.

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Source: https://fbs.com/analytics/articles/pepsico-stock-going-steady-25567
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