Which Beverage Stock is a Better Buy? By StockNews
Coca-Cola and Keurig Dr Pepper should be benefited by the rebounding demand for e-commerce platforms and fountain retailers as well as new product launches, investor optimism, and increased consumer protection industry investment. What stock do you think is the best buy? Find out more. The Coca-Cola Company (NYSE) and Keurig Dr Pepper Inc.(KDP) are both prominent players in non-alcoholic beverages. KO markets and owns beverage concentrates as well as finished sparkling soft drink brands, energy drinks and dairy products to retail outlets such restaurants and convenience shops. Independent bottling partners, distributors wholesalers retailers and bottling/distribution operators are some of its customers. KDP produces and distributes soft drinks and juices. The company operates in the Coffee Systems, Packaged Beverages, Beverage Concentrates and Latin America Beverages segment.
Restaurants and tourist spots are seeing an increase in foot traffic. With travel restrictions gradually being relaxed, non-alcoholic beverages industry is experiencing increasing demand for refreshing and healthy drinks. These beverages are in high demand at both fountain shops and online. Non-alcoholic beverages are expected to increase at 8.2% to $1.73 trillion in 2028. Beverage companies, which are part of the consumer protective industry, have seen an increase in investor interest amid market volatility. Both KO and KDP will therefore be able to reap the benefits.
KDP gained 16.5% in the last year while KO gained 7.4%. In terms of their past nine months’ performance, KDP is a winner with a 3.6% gain versus KO’s marginal return. Which stock is better? Let’s find out.
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