Breaking: Keurig Dr Pepper Inc. (KDP) Just Got a Major Vote of Confidence from Oakmark Funds

Oakmark Funds, advised by Harris Associates, has just released its Oakmark Select Fund fourth quarter 2024 investor letter, and the news is huge for Keurig Dr Pepper Inc. (KDP) investors. The fund returned an impressive 6.01% in the fourth quarter, significantly outpacing the S&P 500 Index's return of 2.41%.

This is not just a one-time fluke, either. Since its inception, the Oakmark Select Fund has returned a whopping 11.88%, compared to the index's return of 2.41%. This kind of consistent outperformance is a testament to the fund's savvy investment strategy and its ability to identify winning stocks like Keurig Dr Pepper Inc. (KDP).

But what does this mean for investors? Should you consider adding KDP to your portfolio? To answer this question, let's take a closer look at the company and its prospects. Keurig Dr Pepper Inc. (KDP) is a leading beverage company that offers a diverse portfolio of brands, including Keurig, Dr Pepper, and Snapple, among others.

The company has a strong track record of innovation and has been at the forefront of the beverage industry's shift towards more sustainable and convenient packaging. With its Keurig brand, the company has revolutionized the way people consume coffee and other beverages at home, and its Dr Pepper brand remains one of the most recognizable and beloved soft drink brands in the world.

But Keurig Dr Pepper Inc. (KDP) is not just a one-trick pony. The company has a diverse portfolio of brands and a strong presence in the beverage industry, with a significant market share in the coffee, soda, and water markets. This diversification helps to reduce the company's reliance on any one particular brand or market, making it a more stable and less risky investment.

In addition, Keurig Dr Pepper Inc. (KDP) has a strong commitment to sustainability and social responsibility. The company has set ambitious goals to reduce its environmental impact, including a target to make all of its packaging recyclable or reusable by 2025. This commitment to sustainability is not only good for the planet, but it's also good for business, as consumers increasingly demand more sustainable and responsible products from the companies they support.

So, should you consider adding Keurig Dr Pepper Inc. (KDP) to your portfolio? Based on the company's strong track record, diverse portfolio of brands, and commitment to sustainability, the answer is a resounding yes. With the Oakmark Select Fund's vote of confidence, it's clear that KDP is a stock that's worth watching, and investors who get in on the ground floor could be rewarded with significant returns in the long run.