Reported 1 day ago
In a recent commentary, Jim Cramer praised PepsiCo (NASDAQ: PEP) as a top growth company, emphasizing its stability despite not making volatile price jumps. He points out the significance of Elliott Management's $4 billion stake in the company, signaling potential changes ahead. With its stock price down to $142 from a previous $196, PepsiCo now offers an attractive yield of nearly 4%, making it a considerable option for a diversified growth stock portfolio.
Source: YAHOO