Still Time to Buy Coca-Cola Stock as a Defensive Hedge?

The consumer staples sector typically draws interest during economic downturns as consumers buy these products regardless of economic conditions. Seeing as beverages are one of the most essential consumer items, Coca-Cola (KO)  stock is historically known to be a pleasant hedge against market volatility when economic uncertainty arises.This scenario is playing out with President Trump’s “Liberation Tariffs” rocking markets over the last few trading sessions. Amid the mayhem, Coca-Cola's stock hit a 52-week ...