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Is Coca-Cola Stock a Buy Right Now?
Coca-ColaCoca-Cola(US:KO) The Motley Foolยท2024-02-27 14:37

Coca-Cola's (KO -0.28%) stock returns and its business are moving in opposite directions these days. The beverage giant just reported positive operating trends for fiscal 2023, and yet Coke was among the weakest performers on the Dow Jones Industrial Average for the year. Shares have gained just 2% in the last 12 months compared to the Dow's 19% rally.Does that performance gap pave the way for market-beating returns for investors willing to buy Coke stock today? Let's take a closer look.Sales trendsThe bigg ...