Why Coca-Cola Shareholders Have Something to Worry About
The Coca-Cola Co. (NYSE: KO) was one of the best-performing stocks of the 20th century. Led by its namesake soft drink, the beverage company stretched its distribution network around the world, making its products ubiquitous and building what was once the most valuable brand in the world.
However, times have since changed. In the U.S. and elsewhere around the world, there's been a backlash against sugary drinks like soda, and beverages like bottled water, National Beverage's La Croix, coconut water and others have eroded soda's traditional supremacy.
Coca-Cola shares have risen 10% this year, in line with the S&P 500, but there a number of reasons to question the company's ability to continue delivering that growth. Here's why Coca-Cola shareholders may have something to worry about.
Source: Fool.com