pepsico

PepsiCo, Inc. is an American multinational food and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo’s business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products.

PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to an immensely diversified range of food and beverage brands. Significant acquisitions include Tropicana Products in 1998, the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio, and Pioneer Foods in 2020.

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Traditionally, the price of most stocks, and the ETFs that hold them, drop in market declines. However, certain segments generally perform better than the overall market. Below, we highlight three ETFs focused on firms that produce and sell consumer staples. They should, as in past downturns, bounce back faster than most segments if the market drops.


Meanwhile, the supplement starting on page 39 provides more information on the performance of various sectors during market declines.


VANGUARD CONSUMER STAPLES ETF $200.24 (New York symbol VDC; TSINetwork ETF Rating: Aggressive; Market cap: $7.7 billion) tracks the MSCI U.S....
These two foodmakers have had to increase their selling prices in the past two years in response to rising costs for ingredients and other inputs. However, those higher prices are prompting consumers to switch to cheaper generic brands. New weight-loss drugs could also cut demand for snack foods.

PEPSICO INC....
BCE INC., $50.83, Toronto symbol BCE, is still a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.02 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.47 million high-speed Internet users and 2.73 million TV subscribers (satellite and fibre-optic)....
LIVERAMP HOLDINGS INC., $38.85, symbol RAMP on New York helps organizations better use customer data across different channels and devices to improve user experience.

As of September 30, 2023, the company had 895 subscription clients, with 99 of them generating more than $1 million in revenue annually....
NUTRIEN LTD., $81.48, Toronto symbol NTR, is still a buy.

The company is the world’s largest producer of agricultural fertilizers. It took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival Potash Corp....

Higher interest rates mean dividend-paying stocks must increasingly compete with fixed-income investments for investor interest. However, sustainable dividends still offer an attractive and growing income stream for investors.


Meanwhile, dividend-focused ETFs often follow strategies that can set investors up for maximum long-term gains with the least amount of risk....

PEPSICO INC. $170 (www.pepsico.com) is still a hold. The company is the world’s second-largest soft-drink maker after Coca-Cola. The stock has moved down lately on speculation that Burger King fast-food outlets in India (about 390 stores) will end their 10-year alliance with PepsiCo in favour of a new deal with Coca-Cola....
CORTEVA INC., $56.35, is a buy. The company (symbol CTVA on New York) is a leading developer of new seeds and crop chemicals, including herbicides and insecticides, for the agriculture industry. Corteva separated from DowDuPont in June 2019.

Corteva and Bioceres Crop Solutions Corp....
MICROSOFT CORP., $343.77, Nasdaq symbol MSFT, is a buy for aggressive investors.

The company is the world’s largest computer software firm. Its main product is the Windows operating system, which powers about 85% of the world’s personal computers....
A: Vanguard Dividend Appreciation ETF, $156.07, symbol VIG on New York (Units outstanding: 425.0 million; Market cap: $66.3 billion; www.vanguard.com), aims to track the S&P U.S....