Pepsi fizzes for investors as Coca-Cola goes flat

PepsiCo has found that being second-best can be better. It hasn't been able to dislodge Coca-Cola as the world leader in soft drinks, but its more diverse product line has helped make it the better company for investors.

16th July, 2005

PepsiCo has found that being second-best can be better. It hasn't been able to dislodge Coca-Cola as the world leader in soft drinks, but its more diverse product line has helped make it the better company for investors.

PepsiCo has made steady earnings gains in recent years while Coca-Cola has struggled - it's on its third chief executive since 2000.

In the past five years, PepsiCo shares have climbed to $54.60 from $39.75 as Coca-Cola stock...

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