WASHINGTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- On December 2, after UN plastic treaty negotiations concluded without consensus, the Coca-Cola Company, a leading member of the Business Coalition for a Global Plastics Treaty, released a statement effectively ending its goals to increase reusable packaging and to reduce virgin plastic use. Instead, the company announced that it would now, by 2035, seek to increase “recycled plastic use to 30% to 35% globally” and “help ensure the collection of 70% to 75% of the ...

As 2024 winds down, investors continue to look to Warren Buffett’s legendary investment philosophy for guidance, rooted in value and long-term growth.Despite Berkshire Hathaway (NYSE: BRK.A, BRK.B) making headlines for reducing significant stakes in Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC), the core of Buffett’s strategy remains steadfast, identifying and holding onto “forever” stocks.With the fourth quarter edging to a close against a backdrop of economic uncertainty, two standout equities from ...

Becoming a millionaire isn't something that normally happens overnight. Sure, you could risk it all on one hot stock and hope it works out, or, for a better approach, you could build a diversified portfolio of well-run companies and build your wealth slowly over time. If the latter approach is the one you are taking, consider adding consumer staples giants, like Procter & Gamble (PG 0.03%) and Coca-Cola (KO -0.19%), to your collection of stocks. Here's why.What's so great about consumer staples stocks?The c ...

Many have likely heard me say before that there's nothing more I hate than a wasted opportunity. And if you search long and hard enough, you typically come across one. Although the market has been rallying for the most part, someContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do ...

Four closely watched companies are trading near 52-week lows.When it comes to investing, just because a company is trading at a 52-week low, that does not necessarily mean it is a buy. The same goes for a stock at a 52-week high not necessarily being a sell.However, there could be opportunity depending on the situation, and in today's video, I am going to look at four closely watched stocks trading near their 52-week lows to determine whether each is a buy or not. One of those companies is Coca-Cola (KO 0.2 ...

It has been about a month since the last earnings report for Coca-Cola (KO) . Shares have lost about 5.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Coca-Cola due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Coca-Cola Beats Q3 Earnings & Sales Estimates, Rev ...

Certain stocks in the market are not supposed to sell off at any time, and some brands and business models are widely known to be rock-solid and relatively immune to volatility. However, every once in a while, the system throws an unexpected event at these companies, rendering most volatility models useless and leaving most investors holding out for answers. Today, three retail stocks that might easily pass the argument for being more part of the consumer staples sector have sold off on speculations that th ...

Billionaire investor Warren Buffett just released the latest Berkshire Hathaway 13F filing, and there were some surprises, such as purchases of Domino's Pizza and Pool Corporation stocks. There were a few other additions and sales.One thing that hasn't changed, and hasn't changed in 30 years, is Buffett's position in and love of Coca-Cola (KO 0.64%). He almost never misses an opportunity to talk about why it's a great business and stock to own.With the new composition of the Berkshire Hathaway equity portfo ...

Declining demand and a strong U.S. dollar could impact Coke's results.Warren Buffett-led Berkshire Hathaway (BRK.A) (BRK.B 0.55%) has owned Coca-Cola (KO -1.29%) stock for decades. Coke is, without a doubt, one of Buffett's best investments ever, as the position's value has increased several fold while paying a steady stream of passive income.Although typically a stable stalwart, Coke stock is down over 12% in the last month, erasing most of its year-to-date gains. Here's a look at why Coke is selling off a ...

There's nothing wrong with Coca-Cola (KO -1.29%) as a company. In fact, it has a storied past and likely a bright future. But Wall Street is well aware of how attractive an investment Coca-Cola is, leaving it as what appears to be a fully priced stock today (and most of the time).It does only one thing: make beverages (although it does this very well). So if you are looking at Coca-Cola, you might want to consider direct competitor PepsiCo (PEP -3.95%) or shift gears and look at Procter & Gamble (PG 1.47%). ...