2022 Was a Sparkling Year for Carbonated Beverage Stocks
It was a painful year for most investors. Unless your portfolio was loaded with energy stocks or the right healthcare companies, your returns probably declined in 2022. But under the radar, the leading distributors of carbonated beverages were popping last year.
Companies making fizzy beverages didn't go flat last year, bucking the trend of many consumer-facing companies that sputtered. Repeating the feat in 2023 won't be easy, but we're getting ahead of ourselves. Most stocks experienced double-digit percentage declines in 2022, so it was refreshing to see an unlikely niche pay off for investors.
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Source Fool.com
