Better Buy: Celsius vs. PepsiCo
Celsius (NASDAQ: CELH) has been a juggernaut of the beverage industry, with its shares rising nearly 160% over the past two years. A large portion of that rally was driven by its rapid growth and its partnership with PepsiCo (NASDAQ: PEP), which invested $550 million in the energy drink maker and became its U.S. distributor in August 2022. PepsiCo's stock stayed nearly flat during the same period.
But over the past three months, Celsius' stock has plunged 37% as PepsiCo's stock dipped 4%. Let's see why the high-growth energy drink maker underperformed its top investor -- and if that trend will continue throughout the rest of the year.
Image source: Getty Images.
Source Fool.com
PepsiCo Inc. Stock
€154.56
-0.740%
With 22 Buy predictions and not a single Sell prediction PepsiCo Inc. is an absolute favorite of our community.
As a result the target price of 174 € shows a slightly positive potential of 12.58% compared to the current price of 154.56 € for PepsiCo Inc..
