Doritos Stock Symbol: A Comprehensive Guide
Doritos, the iconic tortilla chip brand, is a subsidiary of PepsiCo, Inc., a leading global food and beverage company. PepsiCo’s stock trades on the New York Stock Exchange (NYSE) under the symbol PEP.
PepsiCo, Inc. (PEP)
PepsiCo is a multinational corporation that produces a wide range of food and beverage products, including snacks, beverages, and cereals. The company’s iconic brands include Pepsi, Mountain Dew, Gatorade, Lay’s, and Doritos.
- Market Cap: $192.41 billion (as of March 8, 2023)
- Headquarters: Purchase, New York, USA
- Industry: Consumer Packaged Goods (CPG)
Doritos
Doritos were first introduced in 1964 and quickly became a favorite among snack lovers. The tortilla chips are made with corn and are typically seasoned with a variety of flavors, including nacho cheese, cool ranch, and spicy nacho.
- Launched in 1964
- One of the best-selling snack brands worldwide
- Owned by PepsiCo, Inc.
Investing in PepsiCo (PEP)
Investing in PepsiCo (PEP) allows investors to gain exposure to the company’s diverse portfolio of food and beverage brands. PEP is a well-established stock with a strong track record of growth and profitability.
- Dividend yield: 2.58% (as of March 8, 2023)
- Strong financial performance
- Considered a defensive stock
Conclusion
The Doritos stock symbol is PEP, as the brand is owned by PepsiCo, Inc. Investing in PEP allows investors to gain exposure to a leading food and beverage company with a strong track record of success.
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