Better Buy: Celsius vs. PepsiCo
Celsius (NASDAQ: CELH) has been a juggernaut of the beverage industry, with its shares rising nearly 160% over the past two years. A large portion of that rally was driven by its rapid growth and its partnership with PepsiCo (NASDAQ: PEP), which invested $550 million in the energy drink maker and became its U.S. distributor in August 2022. PepsiCo's stock stayed nearly flat during the same period.
But over the past three months, Celsius' stock has plunged 37% as PepsiCo's stock dipped 4%. Let's see why the high-growth energy drink maker underperformed its top investor -- and if that trend will continue throughout the rest of the year.
Image source: Getty Images.
Source Fool.com
PepsiCo Inc. Stock
€115.72
0.310%
With 16 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 163 € shows a positive potential of 40.86% compared to the current price of 115.72 € for PepsiCo Inc..
