A day after PepsiCo slipped on first-quarter earnings, Morgan Stanley issued a bullish note on the stock. The company expects growth to improve later this year.
A brand new all-natural functional beverage KEY that promises long-lasting energy without causing a spike in blood sugar or caffeine jitters has officially gone live.
The recent wave of mass layoffs in the U.S. is raising concerns about the country's economic health, signaling a potential slide into the recession that was narrowly avoided last year. Analysts like Gary Shilling, who accurately predicted the 2007-2008 financial crisis, note weakening labor market indicators despite post-pandemic solid hiring.
The soft drinks industry offers an enticing investment opportunity, notably with the dominance of two key players: Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP). Both companies present compelling arguments for investment.
PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale. The soda and snack food giant on Tuesday (April 23) released earnings showing 2.3% net revenue growth, while forecasting an additional 4% for the coming year.
This December, the U.S. Food and Drug Administration (FDA) issued a recall of more than 40 Quaker Oats products due to possible salmonella contamination. Then, in January, dozens of additional Quaker Oats products were tacked onto the original notice—including Cap'n Crunch bars and Quaker Cereal.
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