Coke or pepsi stock
When it comes to soft drinks, many people still prefer Coke. It continues to be the market share leader. But on Wall Street? That's an entirely different story.
Pepsi has outperformed Coke for the past few years. And it looks like that trend won't end anytime soon. Pepsi reported sales and earnings that topped forecasts Thursday. It boosted its outlook too. Pepsi PEP stock popped get it? If Pepsi's stock continues to rally, it may not be long before the company winds up being worth more than Coke KO as well.
This Is Why PepsiCo Is a Better Investment Than Coca-Cola - TheStreet
Pepsi briefly topped Coke's market value in the mid-late s. But Coke has historically held a pretty large lead over its top rival. It looks like that may not last. To quote Bob Dylan, the times they are a changin'. Both Coke and Pepsi are trying to adapt to changing consumer tastes. Pepsi is trying to appeal to Millennial and Gen X nostalgia with the reintroduction of its Crystal Pepsi clear soda.
But at the same time, both high-calorie soft drinks and diet beverages are falling out of favor.
Consumers have caught wise to the fact that diet sodas aren't exactly healthy given the chemicals that are in them. Diet Pepsi brings aspartame back.
The REAL Differences Between Coke And Pepsi People - Business Insider
Coke and Pepsi each have a presence in these markets. Coke owns Minute Maid, Dasani and Powerade. It is also the largest shareholder of Monster Beverage MNST. And Pepsi owns Tropicana, Aquafina and Gatorade. But Pepsi also has a thriving snacks unit, a growth area that has allowed the company to outpace Coke.
Pepsi's Frito-Lay division, which includes the namesake Fritos and Lay's brands of chips, Doritos, Cheetos and Cracker Jack, is reporting solid growth in sales and earnings as of late. The profit margins for Pepsi's food business are extremely appetizing to investors. Interestingly, consumers still seem to love salty snacks even though they may be drinking more water and energy drinks and less soda. The Frito-Lay unit recently partnered with Burger King -- whose parent company QSR is backed by Berkshire Hathaway BRKB and its unabashed junk food lover CEO Warren Buffett -- to launch Cheetos Chicken Fries.
Roger Enrico, the former 'Cola King' at Pepsi has died.
Better Buy: Coca-Cola vs. Pepsi -- The Motley Fool
There's an amusing TV commercial for the new product featuring Burger King's trademark monarch and Chester Cheetah wearing a crown in a staredown contest. This is actually the second oddball culinary concoction from the two. Mac 'n Cheetos hit the BK menu in June. So can Pepsi continue to profit from consumers' love of junk food?
It appears that way. Investors need to be a little careful though. Still, Pepsi looks like a bargain compared to Coke, which is actually one of Buffett's top holdings. Coke trades for more than 21 times next year's forecasts too. And that follows an earnings decline in and another expected drop this year.
So even though Buffett may have a thing for Cherry Coke and Coke's stock, he might want to follow the lead of the market and switch to Pepsi instead. Start your day right with the latest news driving global markets, from major stock movers and key economic headlines to important events on the calendar.
Coca-Cola (KO) vs. Pepsi (PEP): The Battle of the Soda Stock (Revised) - April 21, - icamaveyi.web.fc2.com
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