Activision shares continue to trade a steep discount to the price Microsoft has agreed to pay in its $69 billion all-cash deal for the videogame publisher. Read More...
TheStreet.com
This Stock’s Still Got Some ‘PEP’
Morgan Stanley is out with positive comments on the beverage industry, saying it is among the safest places for investors to put money due to the pricing power, post-Covid recovery, and the benign competitive dynamics of the industry. Also similar to Costco’s move into fresh foods, a strategy that keeps customer returning, the same holds true with the snack business at PepsiCo even as it adds healthier for you offerings, which should help it attract spending dollars vs. other snacking companies like Utz Brands .
