In the most recent trading session, Coca-Cola (KO) closed at $63.97, indicating a +1.91% shift from the previous trading day.
Even if we include this company's hefty dividend, its shares have underperformed the S&P 500. A strong brand and huge profits can't compensate for minimal growth prospects.
The Coca-Cola Company (NYSE:KO ) Redburn Atlantic and Rothschild & Co. Consumer Conference Call June 20, 2024 8:00 AM ET Company Participants James Quincey - Chairman and Chief Executive Officer Damian Gammell - Chief Executive Officer, Europacific Partners plc Conference Call Participants Charlie Higgs - Redburn Charlie Higgs Okay. Welcome back everyone.
In the latest trading session, Coca-Cola (KO) closed at $62.63, marking a +0.02% move from the previous day.
Coca-Cola (KO) reachead $62.62 at the closing of the latest trading day, reflecting a +0.11% change compared to its last close.
Coca-Cola's evergreen business model churns out reliable dividends. Realty Income is one of the market's biggest and safest REITs.
The stock market can be both very exciting and very boring. However, it's almost 100% certain that investors who play the long game have been rewarded with greater returns than short-term investors throughout the history of the stock market.
Zacks.com users have recently been watching Coca-Cola (KO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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In the latest trading session, Coca-Cola (KO) closed at $63.55, marking a -0.06% move from the previous day.
Shares of Coca-Cola have rallied in the first half of 2024. Solid growth and an expanding operating margin are driving profitability.
Coca-Cola is a global enterprise with strong brand equity and growing sales volumes, despite this, the stock has underperformed the market. The appreciation of the US dollar has negatively impacted Coca-Cola's reported earnings, reducing its value by 31% since 2018. A potential weakening of the dollar could significantly boost Coca-Cola's reported earnings and share price, providing upside potential for investors.