4.6 • 716 Ratings
🗓️ 27 November 2023
⏱️ 5 minutes
🧾️ Download transcript
Today is Monday, November 27, and we're looking at PepsiCo. vs. The Coca-Cola Company.
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0:49.2 | Thank you. From Wondry, I'm David Brown, and this is Business Wars Daily on this November 27th. |
1:07.1 | Happy Monday, everybody. |
1:09.0 | For most of the last two decades, the Coca-Cola company has enjoyed its role as the biggest U.S. beverage company by market value. |
1:16.5 | Coke's held that spot since 2006, except for a single day in 2020 when PepsiCo's value eclipsed Coca-Cola's. |
1:26.5 | At the time, it seemed like a glitch. But these days, |
1:29.5 | there's reason to believe it wasn't a glitch after all, because a handful of Wall Street |
1:34.1 | analysts have determined that PepsiCo is on course to overtake Coca-Cola once again, |
1:40.2 | and this time perhaps for good. Analyst Kamal Guadjuwala at Jeffries has called PepsiCo the sector's, quote, most durable |
1:47.9 | business, end quote. |
1:49.6 | He predicts shares will rise more than 20% over the next year, which would push PepsiCo's |
1:54.5 | market value to $279 billion. |
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