With a market cap of $46.3 billion, Burlington, Massachusetts-based Keurig Dr Pepper Inc. (KDP) is a leading beverage and coffee company boasting an impressive portfolio of over 125 brands. Catering to a broad spectrum of beverage preferences, some of its renowned brands include Dr Pepper, Green Mountain Coffee Roasters, Snapple, and Mott's.
Shares of the coffee and beverage giant have significantly underperformed the broader market over the past 52 weeks. KDP has gained 4.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 27.2%. Meanwhile, in 2024, shares of KDP are up 2.6%, compared to SPX's 10% gains on a YTD basis.
