2023-08-01 09:16:00 ET
Mattel (NASDAQ: MAT) and Coca-Cola (NYSE: KO) are both iconic American brands. Mattel, which was founded in 1945, is the toy maker that sells Barbie, Hot Wheels, Fisher-Price, and American Girl toys. Coca-Cola, which was founded in 1886, is the world's largest soda maker and also sells a wide range of noncarbonated drinks.
Both of these stocks might seem like solid long-term investments. But over the past 10 years, Mattel's stock was cut in half as Coca-Cola's stock rallied over 50%. Let's see why the soda maker crushed the toy maker, and if it's still the better buy.
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Better Buy: Mattel vs. Coca-Cola