Better Buy: Coca-Cola vs. PepsiCo
When it comes to non-alcoholic beverage companies, there's Coca-Cola (NYSE: KO) and (NASDAQ: PEP) -- and then there's everyone else. In the U.S., the two account for around 71% of the carbonated soft drink market. The dominance of that duopoly makes them attractive investment opportunities.
For investors looking to invest in one of these companies, there's no "wrong" option to go with here. However, each company has its own unique strengths and focus areas. Let's see which offers a more compelling case for investors looking to choose one to add to their portfolio.
Coca-Cola is the market leader in non-alcoholic beverages, but one thing that may surprise people is just how much more revenue PepsiCo brings in. In Q2 2023, Coca-Cola made around $12 billion in revenue, more than $10 billion less than PepsiCo made.
Source Fool.com
PepsiCo Inc. Stock
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 174 € there is a slightly positive potential of 13.86% for PepsiCo Inc. compared to the current price of 152.82 €.
