Could Coca-Cola Be a Millionaire-Maker Stock?
Coca-Cola (NYSE: KO) is one of the best-known consumer staples companies on the planet and has an incredible dividend track record. At a time of elevated market volatility, owning a stock like Coca-Cola can help investors sleep well at night. But is buying it today the right decision?Coca-Cola, with its namesake soda and a host of other beverage products, has a global reach and loyal customers. It has an industry-leading distribution network, an industry-leading research and development team, and an industry-leading marketing team.And while the products it sells aren't exactly necessities, they are affordable luxuries. Consumers tend to keep buying Coke in both good markets and bad ones.Continue reading
Coca-Cola (NYSE: KO) is one of the best-known consumer staples companies on the planet and has an incredible dividend track record. At a time of elevated market volatility, owning a stock like Coca-Cola can help investors sleep well at night. But is buying it today the right decision?
Coca-Cola, with its namesake soda and a host of other beverage products, has a global reach and loyal customers. It has an industry-leading distribution network, an industry-leading research and development team, and an industry-leading marketing team.
And while the products it sells aren't exactly necessities, they are affordable luxuries. Consumers tend to keep buying Coke in both good markets and bad ones.
