Pepsi - What do you think?
Answers
400 points
spider348 answered one month ago …
Personally, I think it is at the whim of this market. On the chart, it is technically
near the monthly 100 SMA which some would say is a support level.
10/13/208 was a monster up day - obviously - but PEP vol was low and
it barely moved, therefore does this means if we have another strong leg down it will get drilled ? Is the decade long trend up, dead ? To early to tell IMO.
3090 points
EthanR answered one month ago …
I think you stay away from PEP for a little while. A bad quarterly earnings report tends to make a stock underperform for awhile. Wait until all the analysts cut their ratings. Why not buy Coca cola instead, whose 3rd Q profits topped wall street expectations? Just because PEP dropped 11% yesterday does not make it a screaming buy at this point.
Read more from EthanR flag as abuse great answer
2641 points
MNSL answered one month ago …
think this is not the time to buy Pep
Current mess in all types of markets have made some companies and sectors very attractive worldwide now.
This is the time to invest in rotating sectors and neglected sectors.
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