PepsiCo Just Cut its Earnings Forecast. Is the Stock Still Worth Buying?

PepsiCo, Inc. (NASDAQ:PEP) is a familiar name for investors who want steady income. With a dividend yield close to 4.7%, supported by well-loved brands found in grocery aisles worldwide, it’s easy to see the appeal. Still, the company’s recent earnings outlook is a reminder that even the biggest consumer staples aren’t immune to rising costs […]