Is Investing in Coca-Cola Stock Near an All-Time High a Better Buy Than PepsiCo Under $140 Per Share?
Pepsi has its challenges, but its dirt cheap valuation and high-dividend yield make it a no-brainer buy for income investors.
Overview
Coca-Cola (NYSE: KO) stock is up nearly 24% year to date, hovering around an all-time high, and handily outperforming the Nasdaq Composite (up 13.7%) and S&P 500 (up 12.9%). By comparison, PepsiCo (NASDAQ: PEP) is $138 per share at the time of this writing -- down 3.8% year-to-date and about 8% away from a five-year low.
Investing in Coca-Cola has paid off far better than buying PepsiCo in recent years. But investors looking to put $1,000 into either dividend stock right now likely care more about where the company could be headed than where it has been.
Details
Here's why Coke has been in favor, and why the Pepsi sell-off has gone too far.
Source
Originally published at www.fool.com.