Why Were Dividend King Stocks Coca-Cola, PepsiCo, and Procter & Gamble Falling After the Election?
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Despite the S&P 500 reaching an all-time high, Dividend King stocks Coca-Cola, PepsiCo, and Procter & Gamble experienced declines following the election. These traditionally safe stocks are not participating in the broader market rally.
November 13, 2024 | 10:45 am
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NEGATIVE IMPACT
Coca-Cola's stock is declining despite the S&P 500 reaching new highs post-election, indicating a divergence from the broader market trend.
Coca-Cola is traditionally seen as a safe investment, but its decline suggests investors may be rotating into other sectors or assets post-election.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
PepsiCo's stock is not participating in the market rally, falling after the election despite the S&P 500's record highs.
PepsiCo's decline may be due to a shift in investor focus away from traditionally safe stocks towards more growth-oriented sectors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Procter & Gamble's stock is falling post-election, not aligning with the S&P 500's upward movement.
Procter & Gamble's decline suggests a potential shift in investor sentiment away from defensive stocks towards riskier assets post-election.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100