3 Reasons Why Coca-Cola Stock Just Hit an All-Time High
Coca-Cola (NYSE: KO) stock blasted to an all-time high on Friday after reporting its second-quarter 2024 earnings earlier in the week. The consumer staple giant posted solid results and shared uplifting guidance. Here's why Coke deserves to be at an all-time high and why the dividend stock is worth buying now.
Unlike , which mostly operates its own production facilities, Coke leverages a global business model centered around royalties, franchised bottling partners, and a highly sophisticated supply chain. Its business model is perfect for capturing growth in global markets because it keeps the company's spending low and profit margins high.
Source Fool.com
PepsiCo Inc. Aktie
Reines Buy-Sentiment für PepsiCo Inc., keine Sell-Einschätzungen in Sicht.
Das Kursziel von 174 € für PepsiCo Inc. impliziert eine leichte Steigerung gegenüber dem aktuellen Kurs von 158.04 €.