PepsiCo (NASDAQ: PEP) isn't without hurdles, but it’s doing what long-term investors need: generating cash flow and returning capital to investors.
The opportunity in 2026 is an historically low valuation and price point, compounded by an historically high yield. While high bond yields have played a role in PepsiCo's stock price decline, investors should consider that bond yields won’t stay high forever, and PEP won't remain low.