10 Best NASDAQ Stocks with Huge Upside Potential

5. Keurig Dr Pepper Inc. (NASDAQ:KDP)

Number of Hedge Fund Holders: 46

Analyst Upside Potential: 40.31%

Keurig Dr Pepper Inc. (NASDAQ:KDP) is one of the Best NASDAQ Stocks to Buy with Huge Upside Potential. On August 25, Keurig Dr Pepper Inc. (NASDAQ:KDP) announced that it will acquire JDE Peet’s in an all-cash deal valued at around $18 billion. The acquisition will combine the company’s single-serve coffee platform with JDE Peet’s extensive global coffee brand portfolio.

Management noted that following the acquisition, it plans to split into two independent United States-listed companies, including Beverage Co., focusing on North American refreshment beverages, and Global Coffee Co., the world’s largest pure-play coffee company.

As per the terms of this deal, Keurig Dr Pepper Inc. (NASDAQ:KDP) will pay JDE Peet’s shareholders €31.85 per share, a 33% premium over its 90-day average stock price. Management highlighted that this deal aims to unlock significant synergies, with estimated cost savings of around $400 million over three years.

Keurig Dr Pepper Inc. (NASDAQ:KDP) is a major North American beverage company. It manufactures, markets, and distributes a wide range of hot and cold beverages, including carbonated soft drinks, juices, teas, and specialty coffee.