Is This Iconic Dividend Growth Stock a Buy for 2022?
As 2021 ends, the S&P 500 has returned 28% year to date. But in a market of stocks rather than a stock market, not all stocks have done as well for shareholders. Enter the mega-cap beverage maker Coca-Cola (NYSE: KO), whose stock price has only appreciated 6% over that same time frame.
With Coca-Cola only a few percentage points away from its all-time high of $60 a share set in February 2020, investors may be wondering whether the stock could be a compelling buy for next year and beyond. Let's look further at Coca-Cola's fundamentals, growth potential, and valuation to come up with an answer to that question.
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Source Fool.com