Does PepsiCo's 2024 Stock Slide Make It a Better Buy Than Coca-Cola in 2025?
However, if you pull the lens further back, PepsiCo's drop from its three-year high is around 22%, while Coca-Cola's is around 14%. But Coke enjoyed a rally from late 2023 that lasted into 2024, while PepsiCo didn't. All in, investors appear to have been a little more negative about PepsiCo overall.