Better Buy: Coca-Cola vs. PepsiCo
Wall Street can't seem to get enough soda and snacks right now. PepsiCo (NASDAQ: PEP) and Coca-Cola (NYSE: KO) stocks are trouncing the S&P 500 this year and completely missing out on the bear market that has sent indexes lower by over 20%.
It's not hard to see why investors are so excited about these businesses. Coke and Pepsi each raised their fiscal-year outlooks recently after announcing speeding sales growth and strong profitability. Their earnings prospects look strong, despite challenges like inflation.
With that big picture in mind, let's look at which stock looks more attractive as a long-term investment right now.
Source Fool.com
