Headquartered in Burlington, Massachusetts, and Frisco, Texas, Keurig Dr Pepper Inc. (KDP) is a beverage company with a market cap of $44.7 billion. KDP specializes in a diverse portfolio of popular brands across soft drinks, coffee, and specialty beverages, offering innovative and convenient products that cater to a wide range of consumer tastes. 

KDP has underperformed the broader market over the last year. The stock has gained 6.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 36.4%. Also, in 2024, the stock is down 1.2% compared…