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Will a Push Into Alcoholic Beverages Continue to Lift Coca-Cola Investors' Spirits?
KOCoca-Cola(KO) The Motley Fool·2024-09-21 13:00

Ready-to-drink cocktails could be the company's next big growth driver.Coca-Cola (KO 1.44%) stock has been a strong performer this year as the soda maker continues to deliver strong revenue and earnings growth largely on the back of solid pricing power. The stock is now up more than 20% so far in 2024.Looking to further kick-start growth, the company is now turning to alcoholic beverages in a bid to boost sales. Let's examine the company's strategy and whether the stock could be a buy at current levels.Expa ...