Where Will Coca-Cola Stock Be in 1 Year?
Coca-Cola (NYSE: KO) had a strong first quarter, easily besting peer PepsiCo's (NASDAQ: PEP) lackluster performance. Coca-Cola, the world's leading beverage company, is projecting strong results through the rest of the year. That's good news for the business, but it may not be good news for investors looking to buy the company today.Coca-Cola is best known for its namesake soda brand. However, its collection of beverages goes well beyond bubbly drinks. It owns Costa, a coffee chain, sells plenty of non-soda sugary drinks, and is increasingly working to grow its non-sugary drink portfolio. It has both global brands that virtually everyone knows, like Coke, and market-specific brands that might not have the same broad appeal outside of a select region because of the taste profile of the product.Image source: Getty Images.Continue reading
Coca-Cola (NYSE: KO) had a strong first quarter, easily besting peer PepsiCo's (NASDAQ: PEP) lackluster performance. Coca-Cola, the world's leading beverage company, is projecting strong results through the rest of the year. That's good news for the business, but it may not be good news for investors looking to buy the company today.
Coca-Cola is best known for its namesake soda brand. However, its collection of beverages goes well beyond bubbly drinks. It owns Costa, a coffee chain, sells plenty of non-soda sugary drinks, and is increasingly working to grow its non-sugary drink portfolio. It has both global brands that virtually everyone knows, like Coke, and market-specific brands that might not have the same broad appeal outside of a select region because of the taste profile of the product.
Image source: Getty Images.
