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The company's LIFEWTR is a purified water with pH balance and electrolytes; PepsiCo is well-diversified, although investors may want to consider SodaStream, as well.
Coca-Cola CEO Muhtar Kent is stepping down in May and he will be replaced by Coke's COO James Quincey.
Jim Cramer expects a smooth transition as Coca-Cola KO CEO Muhtar Kent steps down and chief operating officer James Quincey takes over.
Coca-Cola's long-time CEO Muhtar Kent will hand over the baton to Chief Operating Officer James Quincey.