If you have want to have less fear about inflation, consider buying $Pepsi(PEP)$ , a beverage and snack global giant.
Pepsi will let you keep up with inflation with its strong growth and excellent dividend payout. It has 50 years of continuing dividend growth payout. Current dividends is $1.15. Currently it is traded at 171.12 but S&P CFRA has forecasted its 1 yr target price to be$200.
Other reasons to own Pepsi its ability to pass rising business costs to end consumers as expenditures on beverage and snacks represents a tiny proportion of one's disposable income. Not many drinkers or snackers will quarrel over a 5.c or 10c increase in their product prices.
The reopening of borders will work to its advantage as office workers will consume more beverages during lunch and chew more6on snacks of they work a day or two from home.
Pepsi is a good choice if one is looking for dividends and growth opportunity. It is definitely a great way to beat inflation and to sleep soundly at night
As usual this is my personal view. Please consider your own perspective and investing objectives.
Best wishes.
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Insightful article