CLSA analyst Caroline Levy favors Coke (KO) over Pepsi (PEP) in the soda wars, thanks to the...

|By:, SA News Editor

CLSA analyst Caroline Levy favors Coke (KO) over Pepsi (PEP) in the soda wars, thanks to the upcoming Olympics and new tea initiatives. Coke is deploying capital strategically and should see long-term upside from its price-mix, she says, and is actively looking to grow its presence in the huge global tea market. KO will get an added boost from the Olympics, especially in Europe.