PepsiCo Is Struggling While Coca-Cola Hits All-Time Highs. Here's Whether the Discount Makes PEP Worth Buying.
Coke is at record highs, but PepsiCo offers twice the dividend yield.
Overview
Judging by their stock performance, PepsiCo (NASDAQ: PEP) and Coca-Cola (NYSE: KO) seem like their businesses are moving in opposite directions. Shares of PepsiCo have fallen 29% from their high and are trading near a 52-week low, while Coca-Cola is up 28% year to date and sitting near new all-time highs.
Coca-Cola is clearly executing better right now, but PepsiCo is still growing volumes, revenue, and earnings. That's why the sell-off looks less like a red flag and more like a potential opportunity, especially for dividend investors.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.