KO - The Coca-Cola Company
| Previous Close | 45.24 |
| Open | 45.32 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 1300 |
| Day's Range | 44.77 - 45.59 |
| 52 Week Range | 41.45 - 50.84 |
| Volume | 25,511,303 |
| Avg. Volume | 15,035,806 |
| Market Cap | 190.819B |
| Beta (3Y Monthly) | 0.41 |
| PE Ratio (TTM) | 29.67 |
| EPS (TTM) | 1.51 |
| Earnings Date | Feb 14, 2019 - Feb 18, 2019 |
| Forward Dividend & Yield | 1.56 (3.42%) |
| Ex-Dividend Date | 2018-11-29 |
| 1y Target Est | 50.67 |
- InvestorPlace•12 hours ago
7 Blue-Chip Stocks Lagging the Market
U.S. equities are taking a breather after a strong run higher in recent weeks, with the S&P 500 up more than 18% from the Christmas Eve low. Financial stocks are lagging, overriding the good feelings from a solid earnings report from Walmart (NYSE:WMT) which is helping alleviate concerns about a slowdown in consumer spending.Specifically, the concern is around net interest margins with the futures market now pricing in Federal Reserve rate cuts as the post-2015 tightening cycle has seemingly come to an end. Also, traders are looking for actual evidence of progress in U.S.-China trade discussions.As a result, the focus is turning to the handful of large-cap stocks that have lagged the market's near-vertical rise, as these are the stocks that should lead the way down if any profit-taking materializes.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best Cheap Stocks to Buy Right Now Here are seven to watch: Amazon (AMZN) Click to Enlarge Amazon (NASDAQ:AMZN) shares have been mired in a sideways channel since early January, unable to break up and over its 200-day moving average. The pattern has been in place since October, keeping prices near the $1,600-a-share level.The company has been in the crosshairs of political blowback for its labor policies and allegations of corporate welfare, culminating in the tech gian bailing from its HQ2 plans in Long Island City.Shares are down 4.5% over the past month. The company will next report results on April 25 after the close. Analysts are looking for earnings of $4.74 per share on revenues of $59.7 billion. When the company last reported on January 31, earnings of $6.04 beat estimates by 53 cents on a 19.7% rise in revenues. Morgan Stanley (MS) Click to Enlarge Morgan Stanley (NYSE:MS) shares remain within the confines of a long-term downtrend that started back in March 2018, retesting the lows set in early 2017 and marking a near 30% decline from its prior high.The company was recently downgraded by analysts at Societe Generale as the specter of lower interest rates and more market volatility weighs on earnings expectations.Shares are down 5.6% over the past month. The company will next report results on April 17 before the bell. Analysts are looking for earnings of $1.37 per share on revenues of $10.7 billion. * 10 Smart Money Stocks to Buy Now When the company last reported on January 17, earnings of 80 cents per share missed estimates by nine cents on a 10% decline in revenues. Qualcomm (QCOM) Click to Enlarge Qualcomm (NASDAQ:QCOM) shares suffered a decline to fresh lows in late January and early February, violating the November/December lows to return to levels seen in early 2018. This marked a loss of nearly a third from the highs seen in September. Analysts at Cowen remain cautious, noting that a number of legal and patent related issues need to be resolved before becoming more aggressive on the stock.Shares are down nearly 6% over the past month.The company will next report results on May 1 after the close. Analysts are looking for earnings of 70 cents per share on revenues of $4.8 billion. When the company last reported on January 30, earnings of $1.20 per share beat estimates by 11 cents on a 21.3% decline in revenues. Verizon (VZ) Click to Enlarge Verizon (NYSE:VZ) shares are within the confines of a multi-month downtrend pattern that started in November and has been saved from further weakness by critical support at the 200-day moving average.Watch for resistance to materialize here near the 50-day moving average as it did back in January. The wireless carrier has been dinged not only for its ill-fated attempt to move into media (the Oath value write down and layoffs) but also the slowed rollout of the 5G standard on China security concerns.Shares are down 3.4% over the past month. The company will next report results on April 23 before the bell. Analysts are looking for earnings of $1.16 per share on revenues of $32.3 billion. * 7 Quant Funds That Could Outperform Broader Markets When the company last reported on January 29, earnings of $1.12 per share beat estimates by three cents on a 1% rise in revenues. Coca-Cola (KO) Click to Enlarge Coca-Cola (NYSE:KO) shares have suffered a nasty post-earnings decline, losing more than 10% to drop back below its 200-day moving average for the first time since last summer.Analysts at Citigroup recently downgraded shares in the wake of management's warnings of macroeconomic uncertainty and currency volatility. Forward guidance was also weak.Shares are down 3.6% over the past month. The company will next report results on April 24 before the bell. Analysts are looking for earnings of 46 cents on revenues of $7.9 billion. When the company last reported on February 14, earnings of 43 cents per share matched estimates on a 5.5% drop in revenues. Activision Blizzard (ATVI) Click to Enlarge Activision (NASDAQ:ATVI) shares are once again falling away from their 50-day moving average after being unable to manage a bounce out of its late December low. Shares are down by nearly one-half from the early October high following weak quarterly results and tepid forward guidance as it struggles to maintain momentum in games like Call of Duty and Overwatch. * 5 Stocks Under $5 to Buy Before They Soar Shares are down 5.4% over the past month. The company will next report results on May 9 after the close. Analysts are looking for earnings of 25 cents per share on revenues of $1.3 billion. When the company last reported on February 12, earnings of 84 cents per share beat estimates by 31 cents on a 7.6% rise in revenues. Allergan (AGN) Click to Enlarge Allergan (NYSE:AGN) shares stalled and threatening to fall through neckline support on a messy looking head-and-shoulders reversal pattern that would trace a decline down to the $100-a-share level -- which would be worth a loss of roughly a third from current levels. The FDA's approval of a Botox competitor from Evolus (EOLS) has weighed on sentiment in a big way.Shares are down more than 9% over the past month. The company will next report results on April 29 before the bell. Analysts are looking for earnings of $3.56 per share on revenues of $3.5 billion. When the company last reported on January 29, earnings of $4.29 beat estimates by 14 cents per share on a 5.7% decline in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post 7 Blue-Chip Stocks Lagging the Market appeared first on InvestorPlace.
- Benzinga•13 hours ago
Why Macquarie Prefers Pepsi Over Coca-Cola
PepsiCo, Inc. (NASDAQ: PEP ), under the leadership of new CEO Ramon Laguarta , is well-positioned to deliver sustainable 4-6-percent sales growth, according to Macquarie. The Analyst Analyst Caroline ...
Market Realist•16 hours agoHow Coca-Cola’s Margins Fared in 2018
Analysts Lower Price Target on Coca-Cola Stock after Q4 Results(Continued from Prior Part)Gross margin in 2018Coca-Cola’s (KO) gross margin expanded in the full-year 2018, although it declined in the fourth quarter of 2018. Coca-Cola’s gross
- Motley Fool•17 hours ago
3 Things Coca-Cola's CEO Wants Investors to Know
The company saw its shares sink after it reported a weaker-than-expected 2019 outlook.
Market Realist•18 hours agoWhy Coca-Cola Issued a Weak Revenue Outlook for 2019
Analysts Lower Price Target on Coca-Cola Stock after Q4 Results(Continued from Prior Part)Performance in 2018Coca-Cola’s (KO) revenue declined 6% to $7.06 billion in the fourth quarter of 2018, as the refranchising of the company’s bottling
- Motley Fool•18 hours ago
Amazon’s HQ2 Saga Continues While Capitol Hill Targets Buybacks
Amazon pulled their HQ2 out of NYC, but shareholders shouldn’t lose sleep over it.
- InvestorPlace•18 hours ago
Coca-Cola Stock Was Likely to Fall After Its Q4 Report No Matter What
In retrospect, Cornerstone Macro analyst Carter Worth should not have called Coca-Cola (NYSE:KO) stock a post-earnings breakout candidate before it reported its results last Thursday. Coca-Cola stock, after rallying from its December lows, is more than a little bit in the red following its Q4 results.It's still possible that KO stock could shrug off the knee-jerk response to its disappointing 2019 outlook and embark on a breakout surge. * 7 Financial Stocks With Accelerating Growth That's possible, but not likely. Before its Q4 results were reported, Coca-Cola stock was nearing major technical resistance, and if nothing else, Coke's Q4 numbers largely confirm that the beverage giant is fighting an uphill battle against societal trends. Specifically, KO has found it difficult to offset the public's shift away from sugary sodas with other kinds of drinks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd yet, that's not the only stumbling block for Coca-Cola stock right now. Recapping Coca-Cola's EarningsFor the quarter ending in December, Coca-Cola generated $7.06 billion of revenue and operating earnings of 43 cents per share of Coca-Cola stock, both of which were in-line with analysts' consensus expectations.The company's top line fell 6% year-over-year, but that was entirely due to its re-franchising of some of its bottling operations, a move that ultimately improved its profitability. After adjusting for the exit of some of its bottling business, currency fluctuations, and its acquisitions, its revenue rose 5% YoY, while its operating margins improved by over five percentage points.The decision to focus more on branding and sales rather than bottling appears to have been a fiscally savvy one, though only modestly so. While revenue excluding acquisitions improved 5%, overall sales as measured by volume were flat year-over-year in the fourth quarter. Volumes fell slightly in Latin America and North America.KO noted that rising shipping costs forced it to raise its prices, adding that the price hikes may have lowered demand for its products. Perspective on KO's ResultsCoke's lackluster Q4 results were affected by challenges that the entire soft-drink industry is facing. That is, consumers are steering clear of sugar-laden sodas.Coca-Cola has risen to the challenge, developing new diet versions of carbonated drinks like its Coca-Cola Zero Sugar line and designing new Diet Coke cans that have proven more appealing than its standard Diet Coke can.The effort has gotten some traction, with the company's sparkling beverage sales growing 2% last year. That's not enough, however, to satisfy the owners of Coca-Cola stock, partly because the company's juice and dairy lines slumped 1% YoY, while the sales of water and sports drinks grew 3% and its revenue from its coffee and tea beverages grew a modest 1% in 2018. Concerned the company may not be capable of fostering meaningful growth in the foreseeable future, investors revolted by sending Coca-Cola stock down more than 7% on Thursday.But Coca-Cola stock may have been destined to tumble no matter what.Coca-Cola stock was up an impressive 8% from its late-December low headed into Thursday morning's report, and it had climbed more than 12% over the previous year.The strength suggested to Cornerstone Macro technical analyst Carter Worth that traders were ready to buy Coca-Cola stock on the news, driving KO stock even higher in the process.Worth's call on Monday was clearly bullish. His exact words were, "Simple chart, simple breakout bet, earnings coming, and I like Coke long." A breakout move following Thursday's earnings report, however, would have snapped KO stock out of a trading range and above a resistance line that's been established since 2013. Coca-Cola stock hasn't historically made big moves that last for a long time.Given the chart's historical pattern and the depth of Thursday's selloff, a pullback to the lower edge of the trading range now seems likely. After such a move, Coca-Cola stock would be just above $42 within the next few weeks. What's Ahead for Coca-Cola StockAny sustained retreat by KO stock will be caused by the beverage company's 2019 outlook.Coke is looking for revenue growth, excluding acquisitions, of approximately 4% this year, along with comparable operating income growth of 6%-7%. All told, Coke's EPS should be little changed from last year's $2.08, give or take 1%, thanks to currency headwinds. Analysts' average EPS estimate before last week's results was $2.23.Although the company's outlook fell well short of estimates and was the main cause of Thursday's decline, it's conceivable that KO is deliberately providing conservative guidance.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post Coca-Cola Stock Was Likely to Fall After Its Q4 Report No Matter What appeared first on InvestorPlace.
- InvestorPlace•18 hours ago
How to Handle Canopy Growth Stock Post Earnings
A still-speculative and budding marijuana trade is looking a bit less risky for Canopy Growth Corp (NYSE:CGC) on and off the price chart. But if you're looking to grow some green in your trading account with less risk, go long CGC stock using a time-tested approach with historical precedent. Let me explain.If you want the security of a blue-chip stock, there's always the Dow Jones Industrials and its constituents like Microsoft (NASDAQ:MSFT) or maybe Coca-Cola (NYSE:KO) to consider. And there's nothing wrong with that. But don't forget to make a bit of room in that portfolio for CGC stock -- and who knows, maybe it will be a future blue (or green?) chip in its own right.Late last week, Canopy Growth, one of the marijuana industry's undisputed market leaders and a name ripe for secular growth, released its latest quarterly results. By some numbers, CGC stock delivered larger-than-forecast losses of 38 cents CAD. But allowing for a bit of operational leeway as Canopy grows its business, by stripping out a mark-to-market debt adjustment CGC saw a very healthy, market-topping profit of 22 cents compared to Street views of a loss of 17 cents.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAdmittedly, Canopy's earnings are a mixed blend, which by more stringent and conservative measures might cause some investors to gag. I get it. * 7 Financial Stocks With Accelerating Growth Still, when looking at the other lines that matter, CGC stock's top-line growth of 282% and squiggly price line on the price chart are looking worthy of a nibble for investors interested in allocating some capital into a leader in this up-and-coming industry. CGC Stock Weekly ChartCGC stock has a history of making both bullish and bearish investors ask the question, "what was I smoking?" Bottom line, the emerging and volatile marijuana industry is ripe for lightning-fast, technical about-face moves on the price chart -- and shares of Canopy have seen its share of such moves.Still, if history is any sort of indicator, bullish investors should put CGC stock on the radar for purchase. Currently, shares are putting together a small handle consolidation within its large corrective cup base. That's bullish in and of itself. But with the broader market in a new uptrend, Canopy's attractive growth and positioning within the industry, the relatively tight contraction looks even stronger. Additionally, as the handle pattern has also found support from the 50% and 62% retracement levels, a breakout through the pattern high of $51.81 looks even more promising for a future purchase.I'd reasonably estimate an initial upside price target is Canopy's all-time-high of $59.25 if shares can manage a breakout. From there, the sky may not be the limit, but a rally to new highs with the possibility for very large price gains out of the corrective cup does have historical precedent on its side. In the event shares break out but then begin to falter, I'd initially set a money stop below $46. That amounts to roughly 11% exposure in CGC stock.This stop-loss minimizes exposure without playing too close to the vest in a volatile stock. It also gives the chart sufficient technical wiggle room, without marrying to the position if conditions turn south.Having said that, if you are the marrying type, I'd recommend using a married put strategy, which combines a protective put with long stock as an alternative to a stop-loss in CGC stock.Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. . For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post How to Handle Canopy Growth Stock Post Earnings appeared first on InvestorPlace.
- Zacks•18 hours ago
The Zacks Analyst Blog Highlights: Starbucks, Apple, Nestle, Dunkin' and Coca-Cola
The Zacks Analyst Blog Highlights: Starbucks, Apple, Nestle, Dunkin' and Coca-Cola
- TheStreet.com•18 hours ago
Watching Coca-Cola and Waiting to Take a Swig
When I look at a weekly chart of the soft drink giant, the decline excites me, and I'm going to stalk it for a possible entry. The reason I'm going to stalk Coca-Cola's pullback is because, on a weekly chart, the type of decline we currently are seeing is similar to some of the prior larger pullbacks we've seen in the past. After prior declines such as this one, Coca-Cola stock tends to give us a nice rally.
- InvestorPlace•19 hours ago
Tuesday’s Vital Data: Coca-Cola, Canopy Growth Corp and Nvidia
U.S. stock futures are trading lower this morning after the Dow Jones Industrial Average notched its eighth straight up week in a row. With the relentless recovery, some stock indexes are now within striking distance of their prior peaks.Ahead of the bell, futures on the Dow Jones Industrial Average are down 0.23% and S&P 500 futures are lower by 0.29%. Nasdaq-100 futures have shed 0.29%.Friday's market rally lit a fire under call demand and helped drive overall volume to above-average levels. Specifically, about 23.3 million calls and 17.5 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe euphoric dash for calls made waves at the CBOE with the single-session equity put/call volume ratio plunging to 0.52 -- a one-month low. Meanwhile, the 10-day moving average slipped to a four-month low.Options activity was all about earnings on Friday. Coca-Cola (NYSE:KO) continued falling after missing revenue estimates and delivering poor 2019 guidance. Canopy Growth Corp (NASDAQ:CGC) reported sales growth that largely satisfied shareholders. Finally, Nvidia (NASDAQ:NVDA) jumped despite poor earnings, but the initial up-gap was aggressively sold.Let's take a closer look: Coca-Cola (KO)Weakness continued for the soda king on Friday, driving KO down just shy of 1% by day's end. The stock gapped higher and saw early morning strength, but the rally ultimately fizzled on continued angst surrounding its poor earnings release. Earlier in the week, Coca-Cola reported numbers that missed revenue estimates. The forward guidance also disappointed. * 10 Hot Stocks Leading the Market's Blitz Higher With shares now beneath the 200-day moving average, sellers have full control here. The next two support zones are $44.50 and $41.50.On the options trading front, calls dominated the session despite the slide. Total activity grew to 465% of the average daily volume, with 170,263 total contracts traded. Calls accounted for 78% of the day's take.With earnings out of the way, the day-to-day volatility should return to a more normal pace. Implied volatility sits at 17%, or the 34th percentile of its one-year range. Premiums are pricing in daily moves of 49 cents, or 1.1%. Canopy Growth Corp (CGC)The volatility in marijuana stocks continued on Friday, only this time it was an earnings-report-driving the drama. Canopy Growth Corp shares were up as much as 8.1% before the high finally wore off. By day's end the gains were trimmed to 3.1%.With the trend still pointing higher, CGC bulls remain in control. I see little reason to doubt their domination unless the stock takes out support at $41.Not surprisingly, optimists took to the options market to express their enthusiasm. Activity jumped to 176% of the average daily volume, with 118,618 total contracts traded. 64% of the trading came from call options alone.Expectations for movement were running hot into Friday's session, so the 3.1% daily gain was kind of a dud. As such, traders crushed implied volatility driving it back down to 74%. Nvidia (NVDA)Nvidia reported earnings that reflected a massive slowdown in their business. Revenue and earnings for the fourth-quarter fell 24% and 48%, respectively. But there is a silver lining. While the results where terrible, the market was expecting horrific. So in a world where it's all about expectations versus reality, the numbers were good enough to deliver a 1.8% gain on the day.Looking at the close-to-close move is a bit misleading, however, because NVDA initially gapped up 5.4%, so this was undoubtedly a sell the news reaction. I suggest waiting for the stock to settle before trading it.Calls won the popularity contest on Friday. Total activity swelled to 206% of the average daily volume, with 485,943 total contracts traded. 59% of the total came from the call side.Implied volatility experienced the typical post-earnings crush, falling to 41% on the day. That places it at the 34th percentile of its one-year range. Premiums are pricing in daily moves of $4.11, or 2.6%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post Tuesday's Vital Data: Coca-Cola, Canopy Growth Corp and Nvidia appeared first on InvestorPlace.
- Market Realist•19 hours ago
Analysts Lower Price Target on Coca-Cola Stock after Q4 Results
Analysts Lower Price Target on Coca-Cola Stock after Q4 ResultsReaction to Q4 resultsSome analysts lowered their price target on Coca-Cola (KO) stock after the company announced lower-than-expected guidance for 2019 last week. Coca-Cola, which
- Motley Fool•yesterday
Coca-Cola and PepsiCo See a Different Year Ahead
Here's a comparison of the soda titans' short-term growth and capital return plans.
- Simply Wall St.•2 days ago
The Coca-Cola Company (NYSE:KO) Delivered A Better ROE Than Its Industry
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! While some investors are already well versed in financial metricsRead More...
- Benzinga•2 days ago
Bulls & Bears Of The Week: Cisco, Coca-Cola, IBM, Tesla And More
Benzinga featured looks at many investor favorite stocks over the past week. Bullish calls included an old-school tech giant and an EV leader. Bearish calls included a couple of consumer goods producers. ...
- Reuters•2 days ago
Bottler Coca-Cola HBC buys Serbian confectionary firm Bambi
The Swiss-based company, which bottles and sells Coca-Cola Co drinks in 28 countries, said Bambi had revenue of around 80 million euros in 2018, of which more than two thirds were earned in Serbia and the rest in the Western Balkans. It said the company had "strong" profitability and a margin on earnings before interest and taxation that was nearly three times higher that of Coca-Cola HBC. The deal to buy Bambi is expected to close in the second quarter of 2019, Coca-Cola HBC said.
- TheStreet.com•4 days ago
Share a Coke: A History of Coca-Cola
Coca Cola's Instagram account says it is sharing optimism one bottle at a time. TheStreet's sharing one company history at a time. Watch TheStreet's new series 'Behind the Label'
- Motley Fool•4 days ago
Forget Coca-Cola: PepsiCo Is a Better Dividend Stock
The best dividend stock is not always the one with the higher yield.
- The Wall Street Journal•4 days ago
[$$] Coke and Pepsi Leave Different Aftertastes
On the surface, Coca-Cola and PepsiCo reported similar sets of earnings back-to-back, but the market reaction was entirely different. Coca-Cola said Thursday that its organic sales, which strip out merger and currency impacts, grew 5% from a year earlier in the fourth quarter. After accounting for the weakness of various global currencies against the dollar, though, sales were in fact flat.
- The Wall Street Journal•4 days ago
[$$] PepsiCo CEO Says No Plans to Break Up Snacks, Foods Giant
PepsiCo Inc.’s new Chief Executive Ramon Laguarta said he has no plans to break up the snacks and drinks giant, nor divest the company’s bottling operations, after completing a four-month review of the global business. Last year, PepsiCo agreed to buy seltzer-machine maker SodaStream International Ltd. while rival Coca-Cola Co. bought the Costa Coffee chain. PepsiCo has also faced questions from Wall Street about whether it would keep its food business, which sells Doritos, Sabra hummus and Quaker Oats, together with its drinks business, which includes Gatorade, Aquafina and Mountain Dew.
Yahoo Finance•4 days agoDow rises for eighth straight week, S&P 500 posts 2.5% weekly advance
U.S. stocks rallied Friday to solidify another week of gains.
- TheStreet.com•4 days ago
Here's How to Trade PepsiCo Stock After In-Line Earnings
PepsiCo was rising despite the soda and snacks maker posting in-line results for earnings and revenue. Should PepsiCo stock fall below the 200-day we'll have to see if buyers step back up and purchase the stock in the $105 to $106 area. This mark has buoyed PepsiCo on the support end over the past few years.
- TheStreet.com•4 days ago
3 Things to Know at Market Close: Jim Cramer, FAANG, and PepsiCo
Happy Fri-yay. Is PepsiCo Okay? In 1893, Caleb Bradham first introduced Pepsi as "Brad's Drink" in North Carolina. The soda was renamed in 1898 and--similarly to its rival, Coca-Cola --earned part of its name from the coca leaf, which was a main ingredient in Pepsi.
- CNBC•4 days ago
If you invested $1,000 in Coca-Cola 10 years ago, here's how much you'd have now
Coca-Cola, the parent company of popular soft drink Coke, has proven enduringly successful over the years: It ranked No. 6 on Forbes' list of the world's most valuable brands in 2018, with a whopping $57.3 billion value. The company has gotten its share of celebrity endorsements, too: Warren Buffett says he's a "Coke loyalist ," and Berkshire Hathaway is a longstanding investor. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.
