Where Will Coca-Cola Stock Be in One Year?
The stock of Coca-Cola (NYSE: KO) is trouncing the market this year, up 16% while the S&P 500 is down 4%. It's a rare switch, because the stock typically lags the market. There's a lot of fear about the economy right now, and that's when investors switch to safe stocks like Coca-Cola.Now is when you get to see what investors prize in this kind of stock: stability and a dividend, which are hard to beat. Can it maintain these gains? Let's see where shares could be this time next year.Coca-Cola is one of investing legend Warren Buffett's favorite stocks. He has sung its praises many times and said that Berkshire Hathaway would own its shares as long as he was in charge of it.Continue reading
The stock of Coca-Cola (NYSE: KO) is trouncing the market this year, up 16% while the S&P 500 is down 4%. It's a rare switch, because the stock typically lags the market. There's a lot of fear about the economy right now, and that's when investors switch to safe stocks like Coca-Cola.
Now is when you get to see what investors prize in this kind of stock: stability and a dividend, which are hard to beat. Can it maintain these gains? Let's see where shares could be this time next year.
Coca-Cola is one of investing legend Warren Buffett's favorite stocks. He has sung its praises many times and said that Berkshire Hathaway would own its shares as long as he was in charge of it.
