PepsiCo (PEP) is a top pick among mature consumer discretionary stocks due to its strong cash flow, impressive dividend yield of 3.8%, and solid balance sheet. Despite recent market trends favoring other sectors, J.P. Morgan analysts see potential in Pepsi as a unique play in the snack sector. With a focus on marketing, productivity, and innovation, Pepsi could see significant upside in shareholder return by 2026. Currently, analysts rate Pepsi as a “Moderate Buy” with limited upside, but there is potential for increased revenue and earnings growth if Pepsi expands globally and improves organic growth.
Read more at Barchart: JPMorgan Says This 1 Chip Stock Is a Strong Buy Now… And It’s Not What You Think It Is
