Coca-Cola (KO) is a core holding that the great Warren Buffett will probably never sell, at least not anytime soon. While Coca-Cola, the beverage maker we all know and love, seems to be lacking in growth prospects, there are some levers that management can pull, as the stock continues its climb back towards its pre-pandemic highs. In such a turbulent market, Coca-Cola is a great place to hide, with its 0.66 beta and bountiful 3% dividend yield, both of which help soften the blow of any volatility. Still, the stock is anything but cheap at 27.8 times trailing earnings.
https://www.tipranks.com/news/article/coca-cola-do-potential-catalysts-justify-steep-valuation?utm_source=advfn.com&utm_medium=referral
Coca Cola (NYSE:KO)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Coca Cola Charts.
Coca Cola (NYSE:KO)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Coca Cola Charts.