3 Stocks That Look Just Like Coca-Cola in 1988
In recent years, Coca Cola's (NYSE: KO) stock performance has been steady, though not as explosive as it was in the late 1980s and early '90s. We asked three Fool investors which stocks are poised for takeoff in today's market, just like Coca-Cola was nearly three decades ago. Here's why they picked cloud leader Microsoft (NASDAQ: MSFT), automotive mainstay General Motors (NYSE: GM), and coffee innovator Starbucks (NASDAQ: SBUX).
Jeremy Bowman (Starbucks): In 1988, Coca-Cola reigned supreme in the U.S. The stock had long been a winner, but it surged through the 1990s as the company expanded around the world, riding a wave of optimism over a newly global economy.
Today, the company that most resembles Coca-Cola is Starbucks Corporation. Starbucks is a global giant, but it still has plenty of avenues of growth that should fuel the stock for years to come.
Source: Fool.com
Coca-Cola Co. Stock
The stock is an absolute favorite of our community with 30 Buy predictions and no Sell predictions.
On the other hand, the target price of 65 € is below the current price of 65.49 € for Coca-Cola Co., so the potential is actually -0.75%.
