Keurig Dr Pepper is a significant beverage conglomerate that sells sodas, coffee, and a range of other beverages. The company also sells Keurig coffee brewers. The company has a host of famous brand names under its belt and a vast distribution network. The company is, in fact, the third-largest non-alcoholic beverage company in North America. The scale and competitive advantages of Keurig Dr Pepper positions it well for future long-term growth.

The 10-year monthly chart for Keurig Dr Pepper shows an uptrend that has accelerated since 2018. The price has found support at the bottom trendline during the last couple of years. The level of $33.66 is an important area of value as it acted as resistance in January 2021 and then as support towards the end of 2021. Most recently, the price bounced up from the intersection of the $33.66 level as well as the bottom trendline. The move is now clearly playing out, and a breakout has reaffirmed the uptrend. A long position is, therefore, recommended with a stop loss at $32.5, below the bottom trendline.
Position entered our long-term tracking portfolio today. Entry point at $38.38 and stop-loss $29.84 -22% below the entry point. The short-term to medium take profit at $43.35, giving a potential gain of 13%.