Could Buying PepsiCo Stock Today Set You Up for Life?
When searching for new stocks to invest in, dividend investors usually try to find a good compromise between income, income stability, and growth potential. There's no perfect investment that scores high on all three at once, so trade-offs have to be made. Right now, PepsiCo (NASDAQ: PEP) looks like it is offering investors a good combination of positives because it is facing some near-term negatives that seem likely to be temporary headwinds.Here's why buying PepsiCo today could help to set you up for a lifetime of reliable dividends.Given the company's name, PepsiCo often gets looked at as a beverage company. This isn't wrong, as it does produce a broad range of beverages along with its namesake brand. However, the company is far more diversified, producing and marketing snacks and packaged food products as well. In fact, the consumer staples giant's snack business is probably more exciting than its beverage business, given that PepsiCo is the No. 2 player in non-alcoholic beverages but the No. 1 player in salty snacks with its Frito-Lay business.Continue reading
When searching for new stocks to invest in, dividend investors usually try to find a good compromise between income, income stability, and growth potential. There's no perfect investment that scores high on all three at once, so trade-offs have to be made. Right now, PepsiCo (NASDAQ: PEP) looks like it is offering investors a good combination of positives because it is facing some near-term negatives that seem likely to be temporary headwinds.
Here's why buying PepsiCo today could help to set you up for a lifetime of reliable dividends.
Given the company's name, PepsiCo often gets looked at as a beverage company. This isn't wrong, as it does produce a broad range of beverages along with its namesake brand. However, the company is far more diversified, producing and marketing snacks and packaged food products as well. In fact, the consumer staples giant's snack business is probably more exciting than its beverage business, given that PepsiCo is the No. 2 player in non-alcoholic beverages but the No. 1 player in salty snacks with its Frito-Lay business.
