Better Buy: Philip Morris International (PM) vs. Coca-Cola (KO)
Philip Morris International (NYSE: PM) and Coca-Cola (NYSE: KO) are two of the most well-known consumer staples stocks in the world. PMI sells top cigarette brands like Marlboro. Coca-Cola sells its namesake soda along with a growing portfolio of carbonated and non-carbonated drinks.
I compared these two stocks back in April, and concluded that PMI's stronger growth, its higher dividend, and an easier-to-understand business made it a better buy. Since that article was published, Coca-Cola rose 7%, but PMI fell 5%. Was I wrong in my earlier assessment? Let's examine both companies again to find out.
Image source: Getty Images.
Source: Fool.com
Coca-Cola Co. Stock
€61.75
1.350%
With 29 Buy predictions and not a single Sell prediction Coca-Cola Co. is an absolute favorite of our community.
As a result the target price of 64 € shows a slightly positive potential of 3.64% compared to the current price of 61.75 € for Coca-Cola Co..
