Value Investor Donald Yacktman On Why Prefers PepsiCo to Coca-Cola
You have sold some Coca-Cola (KO), and PepsiCo (PEP) is now your largest holdings. Coca-Cola (KO) is not as attractive as it used to be. Its forward return is not as good as PepsiCo. The same can be said to Procter and Gamble (PG).