Posted 3/3/2024, 4:45:00 PM
Coca-Cola Stock Rebounds But Faces Uphill Battle to Beat Market
- Coca-Cola is an iconic brand, but its stock has underperformed the market for years
- Revenue and profits declined over the past decade, but have rebounded recently after restructuring
- Management raised prices amid inflation and is generating higher sales and income
- With sales recovering, the stock could finally beat the market after years of underperformance
- It offers dividends and stability, but slower growth means it may not sustainably beat the broader market