11 Best Buy-the-Dip Stocks to Buy Now

1. PepsiCo, Inc. (NASDAQ:PEP)

Closing Price as on April 28: $133.76

52-week Low: $131.8

Number of Hedge Fund Holders: 69

PepsiCo, Inc. (NASDAQ:PEP) is engaged in the manufacture, marketing, distribution, and sale of various beverages and convenient foods. Analyst Filippo Falorni of Citi maintained a “Buy” rating on the company’s stock, demonstrating a combination of factors that dictate its potential despite the current challenges. The analyst has provided the price target of $160.00. One of the critical reasons is PepsiCo, Inc. (NASDAQ:PEP)’s international business, which has been exhibiting healthy performance with strong growth in markets such as Europe, India, and Brazil. As per the analyst, the international strength can contribute positively to PepsiCo, Inc. (NASDAQ:PEP)’s overall topline growth despite the macroeconomic pressures affecting some regions such as China and Mexico.

Furthermore, the rating is also supported by the company’s valuation, says Falorni. Despite the challenges, PepsiCo, Inc. (NASDAQ:PEP)’s efforts to mitigate difficulties with the help of cost savings and adjustments in sourcing have been regarded as positive steps. Also, the analyst opines that the performance of critical brands in North America demonstrates recovery potential and improvement, aiding an optimistic outlook. The company remains focused on building upon the successful long-term expansion of its international business, while initiating actions focused on improving performance in North America. PepsiCo, Inc. (NASDAQ:PEP)’s multi-year productivity initiatives are expected to fund disciplined commercial investments and support profitability.

While we acknowledge the potential of PEP as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for a deeply undervalued AI stock that is more promising than PEP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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