Better Buy: McDonald's vs. PepsiCo

McDonald's (NYSE: MCD) and PepsiCo (NASDAQ: PEP) are two of the most iconic brands in the world. McDonald's operates and franchises over 36,000 restaurants in more than 100 countries, while PepsiCo's beverages and packaged foods are consumed in over 200 countries and territories.

McDonald's and PepsiCo's stocks jumped over 500% and 200%, respectively, over the past 20 years -- easily outpacing the S&P 500's 110% gain. But past performance never guarantees future gains, so let's take a fresh look at both stocks to see which is the better overall buy.

Image source: Getty Images.

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Source Fool.com