Why Coca-Cola Stock Jumped Today
With today's gains, the stock is now trading at roughly 23 times this year's expected earnings. That valuation might not look particularly cheap, given the company's projected rate of earnings growth, but investors are getting an industry leader that pays a reliable dividend with Coca-Cola stock.
Coca-Cola reported better-than-expected fourth-quarter results, sending shares of the world's biggest soft drink maker higher ...
Coca-Cola stock remains strongly bullish, trading above key moving averages with sustained buying pressure. Analysts see an 11.3% upside for KO stock, with an average price target of $71.33.
So respected is his reputation that some investors will assume a stock belongs on a buy list simply because Berkshire owns shares. That may not be the case with Coca-Cola (NYSE: KO). Despite being ...
Coca-Cola is the no-brainer choice. The company will still be dominating the beverage industry decades from now. Just don't expect market-beating returns from owning the stock.
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