PepsiCo, the seventh-largest consumer staples company globally, is facing challenges with only 1.3% organic revenue growth in Q3. An activist investor, Elliott Investment Management, is pushing for changes in the company’s distribution model to accelerate growth, potentially leading to a 20% price breakout.

Elliott’s involvement could prompt a swift stock-price bump for PepsiCo if the company adopts Coca-Cola’s higher-margin approach. Despite potential risks, investors buying now could benefit from PepsiCo’s solid dividend yield. Collaborating with Elliott may help the company return to growth faster.

Consider buying PepsiCo shares sooner rather than later, as the company works with Elliott Investment Management on growth strategies. While there’s a chance PepsiCo won’t follow Elliott’s suggestions, patient investors can still benefit from the company’s dividend yield. A 20% price breakout is a reasonable expectation with Elliott’s involvement.

Read more at Yahoo Finance: Is This 53-Year-Dividend-Streak Stock Due for a 20% Breakout?