Pepsi, Kraft Might Not Be Meme Stocks But They Offer 'Slow And Steady Growth'
By Frank in Business
Updated 3 years ago
Several food and beverage companies reported earnings on Thursday and despite a somewhat boring reputation in the "meme stock" generation, a name like PepsiCo, Inc. (NASDAQ:PEP) offers "slow and steady growth," according to Boris Schlossberg, managing director of FX strategy at BK Asset Management. The Case For PepsiCo: Shares of...