The following video is part of this week's MarketFoolery podcast, in which host Chris Hill, senior analyst Jason Moser, and advisor Joe Magyer discuss the latest business news. In the wake of Coca-Cola's latest earnings, the guys analyze the company's recent dominance over PepsiCo. In this segment they also preview Pepsi's earnings report on Thursday by sharing a key metric shareholders of both companies should be focused on.

One of the keys for companies like Coke and Pepsi is being able to expand into, and eventually dominate, emerging markets. The Motley Fool highlights companies that are doing just that in a brand new free report, "3 American Companies Set to Dominate the World." You can get instant access to the names of these companies simply by clicking here -- it's free.

At the time this article was published Chris Hill owns shares of Coca-Cola. The Motley Fool owns shares of PepsiCo and Coca-Cola. Motley Fool newsletter services have recommended buying shares of Coca-Cola and PepsiCo and creating a diagonal call position in PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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