5 Best Bear Market Stocks to Invest In Right Now

In this article, we will take a look at the 5 Best Bear Market Stocks to Invest In Right Now. For deeper discussion and analysis, have a look at the 10 Best Bear Market Stocks to Invest In Right Now. 

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5. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holders: 74

On April 20, Lauren Lieberman of Barclays raised the firm’s price recommendation on PepsiCo, Inc. (NASDAQ:PEP) to $158 from $154. It reiterated an Equal Weight rating following earnings. She said PepsiCo Foods North America “finally delivered the volume inflection investors have been waiting for.” At the same time, she noted the company now needs to show that these results can be sustained.

On April 22, PepsiCo announced a multi-year strategic collaboration with Google Cloud. The goal is to strengthen its digital foundation and use the Gemini Enterprise Agent Platform to help teams move from insight to action more quickly and consistently at scale. PepsiCo is working with Google Cloud to reshape its IT ecosystem and advance its multi-cloud strategy. The partnership is designed to give the company more flexibility in using AI tools to address complex business challenges, including supply chain management and go-to-market execution. By moving to Google Cloud’s secure global infrastructure, PepsiCo plans to build new digital capabilities across its operations.

PepsiCo, Inc. (NASDAQ:PEP) operates as a global food and beverage company. It manufactures, markets, and distributes products such as Pepsi, Lay’s, Gatorade, and Quaker across more than 200 countries.