🥤You have to take a look at this🥤

Hi friends,

Last couple of week's seesaw saw a little bit of a leveling out by the end of the last week. What a balancing act!

On the Friday that just past, we closed looking like this: (9/25/20):

  • Dow Jones Industrial Average: 27,179.96 +358.52 (+1.34%)

  • S&P 500: 3,298.46 +51.87 (+1.60%)

  • Nasdaq: 10,913.56 +241.29 (+2.26%)

  • Russell 2000: 1,474.91 +23.09 (+1.59%)

 

Here's earnings for the following week (week of 9/28/20-10/2/20):

9/29/2020:

  • MKC

  • MU

10/1/2020:

  • PEP

  • STZ

Last week, Nike crushed earnings and broke through resistance lines like a cannonball through a glass ceiling. This week, we'll take a look at PepsiCo (PEP). Pepsi's been around for a while. As a part of the S&P 500 (one of the more performant ones), it has seen a continued steady, and we mean very steady, increase since the 70s. Whether you side with Pepsi or Coke in their eternal struggle for bronze-tinged bubbly soft-drink dominance, you have to admit that long term historic growth looks intriguing for both of them. Since PepsiCo's earnings are coming up, we might as well take a peek at its fundamentals.


Last 4 earnings report:

  • 2020 Q2: beat

  • 2020 Q1: beat

  • 2019 Q4: beat

  • 2019 Q3: beat

3-year EBITDA

  • December, 2019: Lower than previous

  • December, 2018: Lower than previous

  • December, 2017: Lower than previous

Technicals:

  • 3-month: ~ +2.87%

  • 1-year: ~ -1.44%

  • 5-year: ~ +43.56% 


Before you head out and relax for the weekend, visit us at our Level 1 Courses and see how you can sell covered calls to make extra cash! And with that, pop a cold one and kick back.

Until next time!



- Call to Leap Team


This article is strictly the opinion of the author and is to not be considered financial/investment advice. Call to Leap LLC and the author of this article does not claim to be a registered financial advisor (RIA) or financial advisor. Please visit our terms of service and privacy policy before reading this article.