Dr Pepper Snapple's Stock Is Stuck
For the truly patient, Dr Pepper Snapple Group Inc. (NYSE: DPS) may turn out to be a bargain within its industry.
Since January 2016, shares have found themselves range-bound, fluctuating in a band of 8 points on either side of $90 per share. During this period, despite plenty of volatility, the beverage company's stock is down roughly 2% -- more or less flat.
Investors' ambivalence stems partly from caution around non-alcoholic beverage companies in general. As consumer tastes have shifted, industry titans like The Coca-Cola Company (NYSE: KO) and PepsiCo, Inc. (NYSE: PEP) have grappled with declining soda volumes, employing diversification strategies to maintain healthy top lines.
Source: Fool.com
Keurig Dr. Pepper Inc. Aktie
27,22 €
0,83 %
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