2 Energy Drink Stocks to Buy Hand Over Fist in March
Energy drink stocks are sparkling with caffeine-infused vitality in 2024. Every major name in this category has beaten the S 500 index over the last month -- and by a lot, in some cases. And it's not a broad surge across the whole food sector, or even beverages in general; industry giants Coca-Cola (NYSE: KO) and (NASDAQ: PEP) are underperforming the S 500 over the same period.
The energy drink sector tends to crush the broader stock market in the long run, so I'm not surprised to see the trend continue in recent weeks.
But you're not here for a lesson in recent history -- you want to see some great buys among the energy drink specialists. Well, buckle down. Two stocks in this category look like fantastic buys right now, for two different investing strategies.
Source Fool.com
PepsiCo Inc. Stock
With 16 Buy predictions and not the single Sell prediction the community is currently very high on PepsiCo Inc..
As a result the target price of 178 € shows a slightly positive potential of 6.24% compared to the current price of 167.54 € for PepsiCo Inc..
