Income-seeking investors certainly have this company on their radar.There are some investors who want their stocks to soar in value. Others simply want the companies in their portfolios to write them a check on a recurring basis. There are very few businesses that have the track record that Coca-Cola (KO 2.02%) does in the latter regard. In February, the world's leading beverage company announced a 5.4% dividend hike, the 62nd straight year that the payout has been increased. That's a truly phenomenal track ...

Coke is growing its top and bottom lines despite a challenging operating environment.Coca-Cola (KO 1.27%) stock blasted to an all-time high on Friday after reporting its second-quarter 2024 earnings earlier in the week. The consumer staple giant posted solid results and shared uplifting guidance. Here's why Coke deserves to be at an all-time high and why the dividend stock is worth buying now.1. The business model is workingUnlike PepsiCo, which mostly operates its own production facilities, Coke leverages ...

Investing in equal parts of these blue chips produces an average yield of 2.8%.Buying stocks if you're worried about a stock market sell-off sounds counterintuitive. After all, why put your hard-earned money into something if it will lose value?Historically, investing during corrections (drawdowns of at least 10%) and bear markets (drawdowns of at least 20%) has been a winning decision. Companies that pay dividends provide an added incentive to endure periods of heightened volatility.Here's why Coca-Cola (K ...

When these three companies are all saying the same thing, it's important to listen.Last month, fast-food giant McDonald's (MCD 0.21%) started combating slumping sales with the launch of a $5 value meal. And the plan appears to be working.For context, in the first quarter of 2024, same-store sales for McDonald's were up less than 2% year over year. But the company had raised prices, which helped to boost the nominal sales figures. In contrast, management noted declining traffic across the entire quick-servi ...

Investors might want to bet on Coca-Cola (KO) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often fin ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Coca-Cola (KO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Coca-Cola currently has an average brokerag ...

Two women drinking cola. fotostorm In investing, I very much believe in owning dominant businesses. What do I mean? When it comes to consumer-facing companies, I want them to have millions, if not billions of daily or weekly customers. This comes with numerous benefits. For one, it usually translates into steady and predictable revenue and profits. This type of devotion to the brands of a business tends to also mean that it has significant pricing power. That can drive revenue and earnings growth over the ...

pjohnson1/E+ via Getty Images KO stock: Q2 recap I last covered The Coca-Cola Company (NYSE:KO) about 3 months ago, as illustrated by the chart below. The article was titled “I Expect Market-Beating Returns” and was published on Seeking Alpha on April 22, 2024. More specifically, I made the following arguments: KO now offers an above-average dividend yield and some valuation discounts amid an expensive overall market. As a result, I expect its long-term return potential to be noticeably better than what ...

The Coca-Cola Company (NYSE:KO) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Robin Halpern - VP, Head of IR James Quincey - Chairman and CEO John Murphy - President and CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Lauren Lieberman - Barclays Bryan Spillane - Bank of America Bonnie Herzog - Goldman Sachs Stephen Powers - Deutsche Bank Filippo Falorni - Citi Chris Carey - Wells Fargo Securities Andrea Teixeira - JPMorgan Kaumil Gajrawala - Jefferies Rob Ot ...

The Coca-Cola Company (KO) has reported second-quarter 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and improved year over year. The company’s results have benefited from its continued business momentum, backed by its effective all-weather strategy. Driven by the strong results, KO has raised its view for 2024.Coca-Cola has reported comparable earnings per share (EPS) of 84 cents in the second quarter, up 7% from the year-ago period. Comparable EPS also beat the Zack ...