Pepsi Vs. Coke: A Technical Analysis

Consumers will continue to debate which has a better product. Because it’s a personal preference, there really is no right answer and the debate will continue.

But there is no arguing which stock is performing better.

Shares of Coca-Cola Co (NYSE:KO) have been trending lower over the past month. At the same time, shares of PepsiCo, Inc. (NASDAQ:PEP) have been trending higher and are currently trading at their highest level ever.

See Also: Stock Wars: Coca-Cola Vs. Pepsi

Since the beginning of June, shares of Coca-Cola have dropped from $56 to just over $54.

Over the same time period, Pepsi gained more than $5 a share. And considering that Pepsi just beat Wall Street’s revenue estimates, it appears as though this trend may continue.