CNBC Pro

Why Keurig Dr Pepper is more than a pandemic play

Key Points
  • The coronavirus pandemic revived Keurig Dr Pepper's maturing coffee business as more consumers worked from home.
  • The trend is unlikely to reverse completely when the crisis subsides because of the purchases consumers already made of the coffee machines and because of more flexible working routines.
  • Keurig Dr Pepper shares hit a 52-week high in January, but the stock is still relatively cheap compared with its peers.

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