PepsiCo
PEP
PEP stock has seen little change, moving slightly from levels of $150 in early January 2021 to around $160 now, vs. an increase of about 15% for the S&P 500 over this roughly 3-year period. Overall, the performance of PEP stock with respect to the index has been lackluster. Returns for the stock were 17% in 2021, 4% in 2022, and -11% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 13% in 2023 – indicating an underperformance for the ticker in 2021 and 2023.
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