Where Will Coca-Cola Stock Be in 5 Years?
The beverage giant remains a sound, evergreen investment.
Coca-Cola's (NYSE: KO) stock rallied about 33% over the past five years, even as the pandemic, inflation, rising interest rates, and geopolitical conflicts rattled the markets. That wasn't surprising, since the beverage giant is often considered an evergreen investment that's well-insulated from economic downturns.
That's also probably why Warren Buffett has kept Coca-Cola in Berkshire Hathaway's portfolio since 1988, and why it's currently the conglomerate's fourth-largest holding. So will Coca-Cola continue to generate steady returns over the next five years?
Let's review its business model, growth rates, and valuations to decide.
