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23.03.2020 17:18:02

3 Reasons to Buy PepsiCo During the Coronavirus Pandemic

The share price of PepsiCo (NASDAQ: PEP) has dropped significantly in 2020, declining 22% year to date, which is nearly 10 percentage points better than the S&P 500 decline of 31.5%. As the global reaction to the coronavirus continues to wreak havoc in the economy, investors need to find shelter in well-diversified companies with healthy balance sheets and the potential for growth despite the pandemic.PepsiCo checks each of these boxes and continues to hold substantial market share in several categories. Here are three reasons you should purchase PepsiCo during the economic downturn.Image source: Getty Images.Continue reading
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