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KO / AI Hype And Sugar Prices: Assessing Coca-Cola's Investment Potential

AI Hype And Sugar Prices: Assessing Coca-Cola's Investment Potential
Coca-Cola is a consumer-sector defensive stock, increasing dividend payments yearly and attracting thousands of long-term investors, including Warren Buffett's Berkshire Hathaway. Coca-Cola's gross margin was 60.68% in Q1 2023, up significantly from the previous three quarters despite the continued high price of sugar, one of the company's key ingredients. Overall, the company is targeting the addressable market, which continues to grow at $1.3 trillion in 2022, an increase of $650 billion from 2017. Read More
Posted: Jun 21 2023, 02:11
Author Name: Seeking Alpha
Views: 102079

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Coca-Cola's stock has dropped, presenting an attractive entry point for investors looking for a top-tier firm with strong growth potential. The compan more_horizontal

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By Barrons
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Beverage maker Coca-Cola beat and raised despite an environment where the strong dollar is dragging other multinationals. more_horizontal


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