Turn Up Your Stock Portfolio with Coca Cola

The Coca-Cola Company (KO) NYSE –Coca-Cola (KO) also sold off sharply due to COVID-19. While traditional sugary soda sales may be down, Coke is extraordinarily strong for   energy drinks, non-soda beverages, juices, and teas. These divisions have shown strong growth. Sales of Coca-Cola (KO) have decreased since restaurants have been closed due to the pandemic, but they are starting to re-open gain and orders should pick up for all beverages that Coca-Cola (KO) sells.

The company has a strong brand presence and recognition to weather any down tun. We see the stock as a potential  for long term growth and a great addition to one’s portfolio.

Coca Cola has 500+ brands across different beverage categories. We offer a variety of drinks like organic tea, coconut water, milk, and grab-and-go coffee, so consumers have many options. Source: [i]

Coke also sources their  ingredients sustainably and ethically.

James Quincey is Chairman and CEO of The Coca-Cola Company. Mr. Quincey, who first joined the company in 1996, has held a number of leadership roles around the world. He became CEO in 2017 and Chairman of the Board in 2019. “We’re building this business for the next century, not just the next quarter.” Mr. Quincey serves as vice co-chair of The Consumer Goods Forum and is a founding member of the New York Stock Exchange Board Advisory Council. He is also a director of Pfizer Inc. Source[ii]

Top Institutional Holders

Holder  Shares  Date Reported  % Out    Value

Berkshire Hathaway, Inc                400,000,000        Mar 30, 2020      9.31%    17,700,000,000

Vanguard Group, Inc. (The)          327,203,254        Mar 30, 2020      7.62%    14,478,743,989

Blackrock Inc.     279,336,356        Mar 30, 2020      6.50%    12,360,633,753

State Street Corporation               183,307,489        Mar 30, 2020      4.27%    8,111,356,388

Wellington Management Company, LLP 102,693,257        Mar 30, 2020      2.39%    4,544,176,622

JP Morgan Chase & Company     58,667,889           Mar 30, 2020      1.37%    2,596,054,088

Top Mutual Fund Holders

Holder  Shares  Date Reported  % Out    Value

Vanguard Total Stock Market Index Fund              108,645,223        Dec 30, 2019       2.53%    6,013,513,093

Vanguard 500 Index Fund            79,379,663           Mar 30, 2020      1.85%    3,512,550,087

SPDR S&P 500 ETF Trust 42,647,616           Mar 30, 2020      0.99%    1,887,157,008

Fidelity 500 Index Fund 34,453,813           Feb 28, 2020       0.80%    1,842,934,457

Vanguard Institutional Index Fund-Institutional Index Fund           34,121,401           Mar 30, 2020      0.79%                1,509,871,994

[i] https://www.coca-colacompany.com/sustainable-business/in-our-products

[ii] https://www.coca-colacompany.com/company/leadership/james-quincey

 

Warren Buffett’s money has followed his mouth. His Berkshire Hathaway conglomerate owns about 10% of CocaCola, a stake worth around $22 billion.

“When they bought the Coca Cola Company, the Candler family bought it from Pembertons back in 1904 or 1906, they paid $2,000 for the company. If the Pemberton family had reserved a penny a serving royalty a serving, the Coca Cola company would be sending $2 billion to the Pemberton family every year and you wouldn’t even see the difference in the figures. It’s there.”

Buffett is well-known for his affection for the company; Berkshire Hathaway is CocaCola’s largest shareholder with 400 million shares, and Buffett himself drinks five Cokes a day.    Source:  Barrons

 

CWEB Analysts see the stock as a potential  for long term growth and a great addition to one’s portfolio and upward of $70 by 20121

CWEB.com is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, CWEB.com relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

 

 


Follow us on Google news for more updates and News










PLEASE READ THE IMPORTANT DISCLOSURES BELOW.

This content is being provided to you for informational purposes only. The content has been prepared by third parties not affiliated with CWEB Inc, a business. This content and any information contained therein, does not constitute a recommendation by CWEB to buy, sell or hold any security, financial product or instrument referenced in the content. This information neither is, nor should be construed as an offer, or a solicitation of an offer, to buy or sell securities by CWEB Inc. CWEB Inc. does not offer or provide any opinion regarding the nature, potential, value, suitability or profitability of any particular investment or investment strategy, and you shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

Unless stated otherwise, the web content provided by the CWEB family of companies is for educational purposes only. The information and tools provided neither are, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities by CWEB Inc. or its affiliates. Unless stated otherwise, no information presented constitutes a recommendation by CWEB Inc. or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy.

Full Disclaimer



Notice: Undefined variable: terms_string in /home/cweb/public_html/wp-content/themes/setwood/single.php on line 320
>

Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/cweb/public_html/wp-includes/functions.php on line 4757