Coca-Cola (KO) came out with really impressive earnings today as higher prices and volume resulted in strong growth. Coca-Cola’s leadership has been exceptional in a very difficult economic environment and their beverages business has really been eating Pepsi’s lunch. No company matches Coca-Cola when it comes to an international presence and their are still attractive growth avenues in markets such as China. While Coca-Cola has been the better run company, I believe Pepsi (PEP) offers the better value proposition. http://seekingalpha.com/article/461211-pepsi-a-great-business-at-a-fair-price
If Coke got cheaper I’d love to buy the stock.
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