PepsiCo, Inc. (PEP) has demonstrated a consistent tendency to rally from early April to mid-May. Over the past 20 years, the stock has gained in 80% of cases during this period, delivering an average return of +2.45%. With the stock in a technical uptrend and defensive sectors gaining favor, this seasonal pattern may offer a compelling edge.
PepsiCo tends to have a strong seasonal pattern due to demand for soft drinks during the hot summer months. Furthermore, even if the US heads into a recession soft drinks tend to fare well as consumer staples since most people…
Dear Investor, In the month of May, many investors will remember the old market saying “Sell in May and Go Away”. In one of Seasonal Insights previous issues, we looked at this phenomenon in detail by analysing the half-year results…
