Better Buy: General Electric vs. Coca-Cola
General Electric (NYSE: GE) or Coca-Cola (NYSE: KO)? Let's take a look at which of these two iconic companies is looking more attractive right now on a risk/reward basis and why. While both companies are worth avoiding if we hit a recession, the outlook in the aftermath of a containment of the novel coronavirus is arguably much clearer for one of these two companies. Here's the lowdown.
The world is watching the data on daily new cases of COVID-19 with a view to judging the appropriate response necessary to contain the outbreak. In turn, the responses by governments across the globe -- shutting down travel, extensive border controls, production shutdowns, closing public areas, etc. -- are having a significant impact on corporate revenue and earnings prospects.
It's hard to tell what the medium-term impact on air travel will be even after the novel coronavirus is contained. Image source: Getty Images.
Source Fool.com
