Is Coca-Cola Stock a Buy After Q2 Earnings?
Coca-Cola (NYSE: KO) stock has been attracting investors lately, with shares rising just over 8% in 2022 compared to a 17% slump in the S&P 500. Wall Street sees the beverage giant as a great investment, in part because sales are rebounding sharply after slumping in earlier phases of the pandemic.
Coke's pricing power and dividend payment also make it a sensible option for investors seeking stable returns.That was clear in the company's latest earnings report, which mainly showed improving sales trends and steady profitability despite soaring costs. Let's dive right in.
Source Fool.com
