Are Soda Companies Shunning the Drink That Built Them?

August 28, 2018
Updated 8mo ago
Pepsi and Coca-Cola are investing in new beverages to keep up with consumer habits. Pepsi just bought SodaStream and Coca-Cola now has a minority stake in BodyArmor. Seltzer sales are up 42% in the last 5 years while U.S. soda consumption is at a 30 year low, according to Beverage Digest. Rebecca Walser, President of Walser Wealth Management and Chris Versace, Chief Investment Officer at Tematica Research, join to discuss which company will come out on top and where they see consumer interest staying for the foreseeable future.