Can Coca-Cola Stock Quench the Thirst of Investors in 2024? I'm Not Counting On It.
Coca-Cola (NYSE: KO) remains one of the world's most respected companies. It owns more than 200 unique beverage brands, and a global footprint makes it one of the most successful beverage companies in the world.
However, with the company operating everywhere, achieving growth becomes increasingly difficult. Although revenue and earnings have continued to increase, investors should not count on the beverage stock to beat the market. Here's why.
For all of Coca-Cola's problems, investors can feel assured that neither the company nor its brands are going anywhere. Amid price increases, customers are mostly staying loyal to its brands.
Source Fool.com
