Coca-Cola Stock Rallies 22% YTD: Should Investors Stay Bullish?
Coca-Cola(KO) ZACKS·2024-09-19 16:11
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 ...