Should You Take a Chance With Coca-Cola?
T = Trends for a Stock’s Movement
Coca-Cola is a beverage company that engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. Its sparkling beverages include carbonated energy drinks, carbonated waters, and flavored waters. The company’s still beverages comprise non-alcoholic beverages like non-carbonated waters, flavored and enhanced waters, non-carbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. Coca-Cola Co. sells its products under the Coca-Cola, Diet Coke, Coca-Cola Light, Coca-Cola Zero, Sprite, Fanta, Minute Maid, Powerade, Aquarius, Dasani, Glacéau Vitaminwater, Georgia, Simply, Del Valle, Ayataka, and I Lohas brand names.
Coca-Cola has been a phenomenal long-term investment. It produces products that virtually everybody in the world recognizes. Its brand is so ubiquitous and so enmeshed in our culture that there are places in the country where people use the word “Coke” for “soda.” As a result, the stock has been one of Warren Buffett’s favorites for a long time. He is known for saying that he believes that in 20 years, there is a strong likelihood that the company will be selling substantially more Coke than it does now.