Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products.

Share prices of PepsiCo (NASDAQ: PEP) hit an all-time high in the first half of 2023. If you have been watching this consumer staples giant waiting for a good entry price, this is it. Here's why you should buy PepsiCo right now if you are a dividend growth investor.

PepsiCo (NASDAQ: PEP) is a well-known company and most investors probably have a good understanding of what it does. Right now, the dividend yield on PepsiCo stock is a historically high 3.6%, which suggests the stock is on sale.

Fidelity has released a stock screen highlighting top growth, value and income stocks that could win in 2025. Despite a 10% decline in 2024, PepsiCo remains a dividend king, boasting more than 50 consecutive years of dividend increases.Bloomberg/Getty Images

In the most recent trading session, PepsiCo (PEP) closed at $150.37, indicating a +0.08% shift from the previous trading day.

DeepSeek resulted in Nvidia shares tumbling as much as 18 per cent, which is the biggest drop since March 2020.

Which is why you won't want to wait until some tomorrow to start buying PepsiCo (NASDAQ: PEP) stock. Shares of consumer staples giant PepsiCo have lost nearly a quarter of their value since early 2023.