The Coca-Cola Company (KO) has been witnessing resilient business trends on a strong brand portfolio, investments across the business and revenue growth across its operating segments. In the year-to-date period, KO shares have rallied 21.8% compared with the broader industry's 12.9% rise and the Zacks Consumer Staples sector's 10.3% growth. The stock also outperformed the S&P 500's rally of 18.1%. The stock's current price of $71.75 reflects a 2.4% discount from its 52-week high of $73.53, indicating room f ...

The Coca-Cola Company’s (KO) strategy of becoming a total beverage company is quite on track. In the latest revelation, KO, along with Bacardi Limited, has agreed to debut BACARDI rum and Coca-Cola as a ready-to-drink (RTD) cocktail, featuring the two most renowned global trademarks.Some of Coca-Cola’s spirit-based RTD launches include Topo Chico Hard Seltzer, Simply Spiked Lemonade, FRESCA Mixed cocktails and Jack & Coke cocktail.Latest Cocktail to Benefit KOThe scheduled initial launch will be in select E ...

Coca-Cola just ordered another round in the booming canned cocktail market. It's going with another classic, launching a rum and coke in collaboration with Bacardi Limited.The two brands announced Tuesday plans to release the ready-to-drink cocktail in several international markets, starting with an initial launch in Mexico and select European markets in 2025. The company is also evaluating a U.S. launch of the drink for 2025, a spokesperson confirmed with CNBC.The Coca-Cola Co.'s latest move reflects conti ...

Coca-Cola (KO) closed the latest trading day at $72.10, indicating a +0.97% change from the previous session's end. This change outpaced the S&P 500's 0.13% gain on the day. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq decreased by 0.52%.Shares of the world's largest beverage maker witnessed a gain of 3.22% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 4.49% and the S&P 500's gain of 3.67%.The investment communit ...

They are among the most recognizable companies in the world.There is no risk-free investment, and any claim to the contrary is probably a scam. But some businesses look solid enough to still be strong in five, 10, or even 20 years. Companies in this category aren't run of the mill, and they are worth the effort it takes to find them.For those who need inspiration, let's consider two excellent candidates: Microsoft (MSFT 0.84%) and Coca-Cola (KO 0.94%). These longtime market leaders, both of which are also t ...

These solid businesses will help you grow your savings with relatively low risk.Dividend stocks may not offer the exciting return prospects of growth stocks, but when stock market volatility returns, it is always nice to have extra cash automatically deposited in your account. That is the value of holding shares of strong companies with a long record of paying dividends to shareholders. It's even better when those companies regularly increase their dividends on top of already high yields.Here are two rock-s ...

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 ...

These wide-moat businesses could pay you growing amounts of passive income for the rest of your life.Warren Buffett has developed a reputation over the past several decades for being one of the greatest investors ever. Since he took over Berkshire Hathaway in 1965, his capital allocation skills helped drive that company's share prices up by 4,384,748% (as of the end of 2023).Buffett made his reputation by executing a long-term investing style. He invests in companies that have durable competitive advantages ...

In the latest trading session, Coca-Cola (KO) closed at $71.85, marking a +1% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.16%. Meanwhile, the Dow gained 1.2%, and the Nasdaq, a tech-heavy index, added 1.16%.Coming into today, shares of the world's largest beverage maker had gained 3.58% in the past month. In that same time, the Consumer Staples sector gained 4.87%, while the S&P 500 gained 3.48%.The investment community will be paying close attention to the ...

The Coca-Cola Company (NYSE:KO) Barclays 17th Annual Global Consumer Staples Conference September 5, 2024 11:15 AM ET Company Participants John Murphy - President and Chief Financial Officer Henrique Braun - Executive Vice President and President of International Development Conference Call Participants Lauren Lieberman - Barclays Lauren Lieberman We’re going to get started. Really happy to have The Coca-Cola Company with us at the conference. We have John Murphy, President and Chief Financial Officer; and ...