Which Beverage Stock is a Better Buy? By StockNews
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PepsiCo (NASDAQ) should see new product launches as a result productive collaborations, rising consumer demand and increased investor attention to consumer defensive industries. Monster Beverage (MNST). What stock do you think is the best buy? You can read more about PepsiCo, Inc. in Harrison, N.Y. and Monster Beverage Corporation in Corona, Calif., to learn which stocks are the best. PEP manages snack, food, and beverage businesses around the world. It markets its products through a network of direct-store-delivery, customer warehouse, distributor networks, as well as through e-commerce platforms and retailers. MNST markets, distributes and sells international energy drinks and concentrates. Products are sold directly to beverage distributors and to bottles and to specialty and retail chains as well to wholesalers, retailers, merchandisers, convenience chain stores and military personnel.
The non-alcoholic beverage sector has seen a rebound in demand for refreshing and healthy beverages, both from e-commerce and fountain shops. Inflationary pressures have led to increased production costs in this sector. However, the companies have raised product prices to compensate for these higher costs. Additionally, companies in non-alcoholic beverages have received increasing investor attention due to current market volatility. In fact, non-alcoholic beverage market will grow by 8.2% and reach $1.73 trillion by 2028. Both MNST and PEP are likely to reap the benefits.
MNST stock is down 7.5% year to date, but PEP’s price has risen 7.1%. PEP is also a clear winner with 12.3% gains versus MNST’s 5.2% returns in terms of their past year’s performance. Which stock is better? Let’s find out.
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