Coca-Cola (KO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Venerable Coca-Cola has increased dividends for more than six decades. Merck's lifesaving treatments aren't affected by economic cycles.
To gain an edge, this is what you need to know today.
Coca-Cola stock has gained 15% in the last two months and is trading near all-time highs. The stock is trading at a premium valuation compared to peers like PepsiCo and Keurig Dr Pepper.
Coca-Cola's stock recently hit its all-time high. It's still growing at a steady rate in a challenging environment.
The company is far more than the flagship soda brand known around the world. Coca-Cola's business isn't bottling as much as it's marketing and promotion, maintaining reliable earnings and limiting its operational risk.
In the most recent trading session, Coca-Cola (KO) closed at $73.01, indicating a +0.75% shift from the previous trading day.
During periods of market volatility, and specifically economic uncertainty, investors often scram to find a safe place for their capital to be allocated. However, by the time they need to sell the risky names in their portfolios and cycle to safety, it might be too late.
Coca-Cola has raised its dividend annually for 62 years -- an impressive feat. The company is committed to that payout regardless of the current environment.
In the fast-paced world of stock investing, finding the right blend of stability and growth can be challenging.
Long-term investors love Coca-Cola for its stable business and consistently growing dividend. Coca-Cola's sales growth has been modest, with a 5.7% compound annual growth rate over the last five years.
Shares of Coca-Cola have recently started to soar. With that said, Coca-Cola stock has drastically underperformed the S&P 500 over the last couple of years.