Is Coca-Cola Stock Still a Buy After Soaring Higher?
2 Articles
2 Articles
Is Coca-Cola Stock Still a Buy After Soaring Higher?
Key PointsShares jumped when the company reported better-than-expected third-quarter results.The beverage giant's 3% dividend yield is key to the investment thesis.Even after the stock's sharp rise, shares look attractive.10 stocks we like better than Coca-Cola › Coca-Cola (NYSE: KO) stock rallied on Tuesday after the company posted a third-quarter beat for both its revenue and earnings per share and kept its full-year outlook intact. The move e…
Coca-Cola's third-quarter results were well-received, with a 4% share price increase. Although the consumer sector is struggling, Coca-Cola's share price is almost back to its all-time high of March this year. I'm not a fan of the fizzy drink, but I consider the company fundamentally one of the better companies in the sector.
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