Dr Pepper might not be as popular as Coke or Pepsi, but its stock might be even more appealing right now.
The market’s big growth-fueled rally this year has left more staid havens like consumer staples in the dust, and
Keurig Dr Pepper
(ticker: KDP) has been no exception. At a recent $35.55, the stock has barely budged since the start of the year, lagging behind the S&P 500’s 4.1% gain. Concerns around Keurig’s K-Cup coffee business have also lingered over the shares, which have underperformed both
PepsiCo
(PEP) and
Coca-Cola
(KO) over the past 12 months.