1 Wall Street Analyst Just Upgraded Coca-Cola Stock. Is It a Buy?
Coca-Cola (NYSE: KO) is about as much of a blue-chip stock as you'll find.The company has been a leader in the beverage industry for a century, and it retains that status today. In addition to its namesake brand, Coca-Cola also owns a wide range of other soft drink products, ranging from soda to iced tea to energy drinks, and it even branched out into restaurants for the first time with its 2019 acquisition of the Costa Coffee chain.Coca-Cola is known as a recession-proof dividend stock that's capable of delivering steady growth over the long term, and its latest earnings report indicated that its reputation remains intact.Continue reading
Coca-Cola (NYSE: KO) is about as much of a blue-chip stock as you'll find.
The company has been a leader in the beverage industry for a century, and it retains that status today. In addition to its namesake brand, Coca-Cola also owns a wide range of other soft drink products, ranging from soda to iced tea to energy drinks, and it even branched out into restaurants for the first time with its 2019 acquisition of the Costa Coffee chain.
Coca-Cola is known as a recession-proof dividend stock that's capable of delivering steady growth over the long term, and its latest earnings report indicated that its reputation remains intact.
