27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
PepsiCo Inc (NASDAQ:PEP) reported better-than-expected second-quarter results and raised FY23 outlook.
PepsiCo reported second-quarter FY23 sales growth of 10.4% year-on-year to $22.32 billion, beating the analyst consensus of $21.73 billion. Adjusted EPS of $2.09 beat the analyst consensus of $1.96.
PepsiCo raised the FY23 organic revenue growth outlook to 10% (previous outlook 8%).
PepsiCo shares rose 0.2% to trade at $187.94 on Friday.
These analysts made changes to their price targets on PepsiCo following earnings announcement.
- Wedbush raised the price target on PepsiCo from $200 to $206. Wedbush analyst Gerald Pascarelli maintained an Outperform rating.
- Argus Research boosted the price target on PepsiCo from $206 to $212. Argus Research analyst John Staszak maintained a Buy rating.
- Deutsche Bank raised PepsiCo price target from $193 to $195. Deutsche Bank analyst Steve Powers maintained the stock with a Hold rating.
- Evercore ISI Group increased PepsiCo price target from $190 to $195. Evercore ISI Group analyst Robert Ottenstein maintained the stock with an In-Line.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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