I love that the price is finally nearing its 52-week high but I gotta wonder what's behind the price increase? With the rest of the market dragging Pepsico is showing a strong bullish signal...but why?
PG is also higher....
My guess is Rotation, all the highflyers are in the dumps, money gotta go someplace, what better stock than pepsi.
I sure hope it's reaching a new high on something other than "it's just Pepsico's turn to be the place to dump some $"