Coca-Cola Company (KO-N) — Stockchase (2024)

Mar 8, 2024, 9:00 pm

Consensus

Hold

Valuation

Fair Value

Similar

PepsiCo, PEP-Q

A long-term hold. If you get a profit on this, take some off the table. He likes it.

food processing

This trend accounted for KO's price drop to $52.89 in early October, but it's noteworthy that shares recovered quickly even as the wider S&P continued to slide. Entering December, KO shares have climbed $6 from that low, sandwiched between their 50- and 200-day moving averages. Further, its PE of 23.38x trades below its five-year average of 28.24x at a stable 0.59 beta, while the company has beaten its last three quarters.

food processing

The Coca-Cola Company is an American multinational corporation founded in 1892, best known as the producer of Coca-Cola. The drink industry company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Social media mentions are up 129% in the past 24h.

food processing

food processing

It's been oversold, triggered by this anti-sugar talk driven by the anti-obesity drugs. He expects good earnings from co*ke.

food processing

The Coca-Cola Company is an American multinational corporation founded in 1892, best known as the producer of Coca-Cola. The drink industry company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Social media mentions are up 243% in the past 24h.

food processing

food processing

A good company, an iconic brand, pays a good dividend and offers growth. It has diversified away from soft drinks in the last decade. Doesn't own it, because he prefers Pepsi for its exposure to salty snacks.

food processing

The Coca-Cola Company is an American multinational corporation founded in 1892, best known as the producer of Coca-Cola. The drink industry company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Social media mentions are up 150% in the past 24h.

food processing

She used to own co*ke and likes it a lot for being an international play, with 80% of revenues overseas. The PE of this and Pepsi are high though.

food processing

Down 11% since last month, but given the current hype for tech stocks, he looked in the other direction which is co*ke. Pays more than a 3% dividend which they raise by 4-5% yearly consistently. Amazing free cash flow, though the PE is a little high. Would add on weakness.

food processing

food processing

A Warren Buffett core holding. He gradually built his holdings in the late-80s and into the 1990s then didn't touch the shares. co*ke and AmEx are now among his largest holdings. Total cost: $1.3 billion apiece. Last year, he earned $704 million in dividends from co*ke + $302 million from AmEx in 2022 alone.

food processing

Like Buffett, he will never sell it. It's a core position to hold. Maybe it's a short-term trade, though, because pressure on the consumer is coming. Soft drinks will be least-effected in a recession

food processing

We have to look ahead to where the economy will be in 6-12 months. Inflation will ease, and banks can become more dovish. Time to underweight consumer staples. Held up decently, down only 12%. Practicing "shrinkflation". He's neutral. 24 PE, 5-6% growth rate, so it's not cheap. Yield is 2.95%.

food processing