2022 Market Prediction: Coca-Cola Outperforms PepsiCo

International consumer packaged-goods giants Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) have competed for decades. The two are similar regarding the beverages they sell worldwide. The one significant difference is that PepsiCo has a robust snack segment. 

In 2021, PepsiCo's stock returned 17%, handily outperforming Coca-Cola's return of 8%. That being said, I'm going to go out on a limb and predict that Coca-Cola will turn the tables in 2022.

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Source Fool.com