Coca-Cola Looks Like a Screaming Buy Near Its 52-Week Low
After an uncharacteristic 13% decline over the past month, shares of Coca-Cola (NYSE: KO) are hovering just above their 52-week low. Before this recent downturn, Coca-Cola was one of the few high-profile stocks enjoying a gain in 2022.
It looks like a surging dollar has finally caused the shares to sell off as this global giant derives about two-thirds of its revenue internationally. Here's why the decline makes for a buying opportunity for this blue-chip stock.
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Source Fool.com
