2024-04-15 08:07:03 ET
Summary
- PepsiCo offers a better value than Coca-Cola in terms of product diversity, cash management, dividend growth, and upside potential.
- Pepsi's global exposure and portfolio of products make it well-suited to navigate rough economic cycles.
- Pepsi's valuation suggests a potential upside of 12.8%. When combined with the dividend yield of 3%, we are looking at the potential for a large double-digit return.
Overview
PepsiCo ( PEP ) versus Coca-Cola ( KO ) is the decade's old argument. While I'll start this off by controversially stating that Coke tastes better, I'll end this by trying to prove that Pepsi is a better company to own at the moment. I previously covered Pepsi with my article titled, ' PepsiCo: Expensive, But Must Have ' where I discussed how the price traded at a premium valuation. However, the price has come down since then and now looks to be trading at a more attractive value. In addition, PEP remains more attractive as a business compared to KO....
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PepsiCo: Price Drop Makes This More Attractive Than Coca-Cola