PepsiCo Inc.
New York symbol PEP, is the world’s second-largest maker of soft drinks after Coca-Cola. Other businesses include Frito-Lay snack foods, Tropicana fruit juices and Quaker Oats.
Howard Schultz recently returned as interim chief executive officer at Starbucks Corp., following the retirement of Kevin Johnson. Mr. Schultz goes back a long way with the company. It was founded in 1971 by three individuals—English teacher Jerry Baldwin, history teacher Zev Siegl and writer Gordon Bowker....
Rising prices for corn, wheat and other crops are adding to the costs of these food and ingredient producers. However, the strong position of their leading brands let them pass along these extra costs to their customers. Even so, we feel Archer Daniels and Mondelez are currently in a better position than PepsiCo to withstand a slowdown in consumer spending.
ARCHER DANIELS MIDLAND CO....
ARCHER DANIELS MIDLAND CO....
Traditionally, the price of most stocks, and the ETFs that hold them, drop during 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....
These U.S. consumer giants have raised their annual dividends for decades now. Even so, we feel McDonald’s “asset light” model makes it the better pick for new buying.
MCDONALD’S CORP. $257 is a buy. This company (New York symbol MCD; Income-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 735.7 million; Market cap: $189.1 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) is the world’s largest fast-food chain with 39,696 restaurants in 118 countries....
MCDONALD’S CORP. $257 is a buy. This company (New York symbol MCD; Income-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 735.7 million; Market cap: $189.1 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) is the world’s largest fast-food chain with 39,696 restaurants in 118 countries....
J.P. MORGAN CHASE & CO., $122.23, New York symbol JPM, remains a buy.
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.77 trillion as of September 30, 2022.
Morgan last raised your quarterly dividend with the October 2021 payment by 11.1%, to $1.00 a share from $0.90....
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.77 trillion as of September 30, 2022.
Morgan last raised your quarterly dividend with the October 2021 payment by 11.1%, to $1.00 a share from $0.90....
PEPSICO INC., $170.19, Nasdaq symbol PEP, is still a hold.
The company is the world’s second-largest soft-drink maker after Coca-Cola. Its other brands include Frito-Lay snack foods, Gatorade sports drinks, Tropicana fruit juices and Quaker Oats cereals.
PepsiCo continues to benefit from higher selling prices to offset rising costs for food ingredients, packaging and shipping.
In the quarter ended September 3, 2022, the company’s sales rose 8.8%, to $21.97 billion from $20.19 billion a year earlier....
The company is the world’s second-largest soft-drink maker after Coca-Cola. Its other brands include Frito-Lay snack foods, Gatorade sports drinks, Tropicana fruit juices and Quaker Oats cereals.
PepsiCo continues to benefit from higher selling prices to offset rising costs for food ingredients, packaging and shipping.
In the quarter ended September 3, 2022, the company’s sales rose 8.8%, to $21.97 billion from $20.19 billion a year earlier....
TORONTO-DOMINION BANK, $86.45, Toronto symbol TD, is a buy.
TD last raised your quarterly dividend with the January 2022 payment. Investors now receive $0.89 a share, up 12.7% from $0.79. The new annual rate of $3.56 yields a high 4.1%.
The bank has now agreed to acquire U.S.-based investment banking firm Cowen Inc....
TD last raised your quarterly dividend with the January 2022 payment. Investors now receive $0.89 a share, up 12.7% from $0.79. The new annual rate of $3.56 yields a high 4.1%.
The bank has now agreed to acquire U.S.-based investment banking firm Cowen Inc....
PAYPAL HOLDINGS INC., $95.32, Nasdaq symbol PYPL, remains a buy, but only for highly aggressive investors.
The company lets investors tap the fast-growing field of online transaction processing, including purchases made through the auction websites of its former parent company, eBay (see below).
The stock jumped 10% this week after PayPal announced a new agreement with activist investment firm Elliott Investment Management, which owns $2 billion of the company’s stock (about 2% of PayPal’s $111.3 billion market cap).
The activist will support PayPal’s current restructuring plan, which involves focusing on building transaction volumes to generate higher profits, rather than focusing on adding new users....
The company lets investors tap the fast-growing field of online transaction processing, including purchases made through the auction websites of its former parent company, eBay (see below).
The stock jumped 10% this week after PayPal announced a new agreement with activist investment firm Elliott Investment Management, which owns $2 billion of the company’s stock (about 2% of PayPal’s $111.3 billion market cap).
The activist will support PayPal’s current restructuring plan, which involves focusing on building transaction volumes to generate higher profits, rather than focusing on adding new users....
J.P. MORGAN CHASE & CO., $114.76, New York symbol JPM, remains a buy.
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.84 trillion as of June 30, 2022.
Morgan last raised your quarterly dividend with the October 2021 payment by 11.1%, to $1.00 a share from $0.90....
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.84 trillion as of June 30, 2022.
Morgan last raised your quarterly dividend with the October 2021 payment by 11.1%, to $1.00 a share from $0.90....
J.P. MORGAN CHASE & CO., $112.95, New York symbol JPM, remains a buy.
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.84 trillion as of June 30, 2022.
Due to rising fears of a recession, triggered by higher interest rates and inflation, Morgan set aside $1.10 billion to cover potential loan losses in the quarter ended June 30, 2022, compared to a net credit of $2.29 billion a year earlier.
As a result, Morgan’s earnings in the quarter fell 27.0%, to $2.76 a share (or a total of $8.65 billion) from $3.78 a share (or $11.95 billion) a year earlier....
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.84 trillion as of June 30, 2022.
Due to rising fears of a recession, triggered by higher interest rates and inflation, Morgan set aside $1.10 billion to cover potential loan losses in the quarter ended June 30, 2022, compared to a net credit of $2.29 billion a year earlier.
As a result, Morgan’s earnings in the quarter fell 27.0%, to $2.76 a share (or a total of $8.65 billion) from $3.78 a share (or $11.95 billion) a year earlier....