Where Will Coca-Cola Be in 1 Year?
Down 28% from its February peak, Coca-Cola (NYSE: KO) stock is performing significantly worse than the rest of the stock market, which has rallied off its March lows and cut its total decline to about 15%.
And yet historically, Coca-Cola has been one of the economy's best-performing stocks, one of the strongest businesses, with one of the most recognizable brand names in America and around the world. Is there really any doubt that, given a year or so to figure this pandemic out, Coca-Cola stock will bounce back?
Actually, yes, there is some doubt about that.
Source Fool.com
