Is Coca Cola a blue chip stock? (2024)

Is Coca Cola a blue chip stock?

Coca-Cola's recent report reflected a whopping $10.7 billion net income, which shows over a 12% increase from the previous year. You can see why this made our list of the top blue-chip defensive stocks.

Is Coca-Cola a blue chip stock?

Some examples of blue chip stocks are Coca Cola, Apple, IBM, American Express, McDonalds, DuPont, and American Express.

Is a stock sold by Coca-Cola an example of a blue chip stock?

Common examples of blue chip stocks are market leaders like IBM, Coca-Cola, and McDonald's. These are companies with a long track record of steady growth and low volatility, suggesting that they are unlikely to face major problems in the near future.

Is co*ke a reliable stock?

There are faster-growing stocks in the market, some of which even pay respectable dividends. There aren't many alternatives currently sporting a dividend yield that's close to Coca-Cola's 3.2%, however, that also offer the same sort of reliability. James Brumley has no position in any of the stocks mentioned.

Is Coca-Cola a good investment stock?

The long-term outlook is highly positive for co*ke's cash trends, and so investors can count on further steady dividend growth over the coming years (and decades).

What qualifies as a blue chip stock?

A blue chip stock is defined as a security that represents an equity position in a company possessing most of the following characteristics: An industry leader with a dependable business model. A proven track record and strong reputation with consumers and shareholders.

Is Coca-Cola stock undervalued or overvalued?

Intrinsic Value. The intrinsic value of one KO stock under the Base Case scenario is 50.06 USD. Compared to the current market price of 61.74 USD, Coca-Cola Co is Overvalued by 19%.

How many stocks are blue chip?

There is no official list of blue chip stocks. However, generally speaking, investors consider a member of the Dow Jones Industrial Average to be among the bluest of the blue chips. There are 30 blue chip stocks using this strict measure, since there are 30 companies in the Dow Jones.

Is Coca-Cola stock a good long-term investment?

The long-term outlook is highly positive for co*ke's cash trends, and so investors can count on further steady dividend growth over the coming years (and decades).

Is Coca-Cola a good investment in 2024?

Coca-Cola has demonstrated strong growth in revenue and profit in Q4 2023 and throughout the year. The company expects further revenue growth of 6% to 7% in 2024. Coca-Cola remains dedicated to enhancing shareholder value through dividends and share repurchases.

Should you invest in co*ke or Pepsi?

Pepsi is the cheaper stock, but investors might still prefer paying the premium for co*ke over its less expensive rival. Sure, you can own Pepsi for 2.5 times sales, or less than half of co*ke's price-to-sales (P/S) ratio of 5.6. You'll get roughly the same 3% dividend yield in either case.

Who owns the biggest share of Coca-Cola?

What percentage of Coca-Cola (KO) stock is held by retail investors? According to the latest TipRanks data, approximately 57.70% of Coca-Cola (KO) stock is held by retail investors. Warren Buffett owns the most shares of Coca-Cola (KO).

Why is co*ke stock doing so well?

The performance of Coca-Cola Consolidated stock appears to be the direct result of operational excellence. The company has grown revenue by gaining control over more distribution territories. And by investing in its business, it's simultaneously recognized cost savings, resulting in big profit gains.

Where will Coca-Cola stock be in 5 years?

Coca-Cola stock price stood at $61.74

According to the latest long-term forecast, Coca-Cola price will hit $65 by the middle of 2025 and then $70 by the end of 2026. Coca-Cola will rise to $75 within the year of 2027, $85 in 2028, $95 in 2029, $100 in 2030, $110 in 2032 and $125 in 2035.

Should you only invest in blue chip stocks?

Many investors turn to blue chips for their longstanding, rising dividends. Many investors believe that blue chips can survive market challenges of many kinds; while this may be largely true, it is not a guarantee. For this reason, it's crucial to diversify a portfolio beyond only blue chip stocks.

Is Pepsi a blue-chip?

These blue-chip stocks are highly undervalued and will solidify your portfolio over the long term. Visa (V): A global fintech giant, Visa is set to benefit enormously from the transition towards digital payments. PepsiCo (PEP): This dividend stock is the one to hold until your retirement.

Is McDonald's a blue chip stock?

With a 48-year track record of dividend increases, it's no wonder MCD stock is a must-have blue chip stock for substantial gains. Moreover, analysts predict a positive outlook for the company over the next two years.

Is Coca-Cola stock expected to rise?

The Coca-Cola Company Stock Forecast

The 12 analysts with 12-month price forecasts for KO stock have an average target of 67.08, with a low estimate of 60 and a high estimate of 74. The average target predicts an increase of 8.65% from the current stock price of 61.74.

Who is Coca-Cola's biggest competitor?

1. PepsiCo. What is this? PepsiCo and Coca-Cola compete across the beverage sector in over 200 countries.

What is the long term forecast for Coca-Cola stock?

Coca-Cola stock prediction for 1 year from now: $ 63.32 (2.41%) Coca-Cola stock forecast for 2025: $ 64.10 (3.68%) Coca-Cola stock prediction for 2030: $ 76.79 (24.20%)

Is co*ke stock recession proof?

Coca-Cola Co.

(NYSE:KO) is one of the most popular recession-proof stocks in the U.S., with an attractive dividend payout history. The Dividend Aristocrat pays $1.84 in dividends annually, yielding 3.09% on its current price.

What are the cons of investing in Coca-Cola?

Con: The Soda Slide

Perhaps the largest concern that investors have about KO stock is the fact that people are simply turning away from soda and sugary drinks. Coca-Cola's most recent earnings reports prove that people are buying fewer sugary drinks and most analysts believe that trend is going to continue.

Is Coca-Cola dividend worth it?

At the current stock price, the dividend yields 3.1%, or about 2.5 times the average S&P 500 yield. Coca-Cola isn't just a top dividend stock because of its high yield; the dividend is reliable and growing. co*ke paid $8 billion in dividends in 2023, with a payout ratio of 74%.

Should I buy Coca-Cola stock?

Long-term investors looking for a reliable and refreshing addition to their portfolio should consider grabbing a few shares of Coca-Cola. It's not the most exciting growth stock of 2024, but you can't really beat this sweet combo of safety and cash returns.

Is Coca-Cola a buy right now?

The highest analyst price target is $70.00 ,the lowest forecast is $58.00. The average price target represents 11.92% Increase from the current price of $58.91. What do analysts say about Coca-Cola? Coca-Cola's analyst rating consensus is a Moderate Buy.

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