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5 Reasons to Buy Coca-Cola Stock Like There's No Tomorrow
Coca-ColaCoca-Cola(US:KO) The Motley Foolยท2024-04-30 14:05

The soda maker is still a great evergreen investment.Coca-Cola (KO 0.81%) is often considered a safe blue chip stock. It owns the world's top soda brand, it generates plenty of cash, and it pays consistent dividends. But over the past 12 months, its stock declined 3% as the S&P 500 rallied 23%.Emboldened by the prospects of interest rate cuts, many investors flocked toward the market's higher-growth stocks instead of Coca-Cola. However, I believe it's actually the perfect time to buy Coca-Cola's stock for f ...