Similar Stories to Forget Coca-cola. This Soda Company Is A Buy Today. on Bing News

It's rather apparent that soda is not a growth industry. Under pressure from health advocates because of excessive sugar, which has been linked to a host of health issues including diabetes, heart disease, and obesity, soda has become a health risk that many people are avoiding. A handful of municipalities, including Philadelphia and Berkeley, California, now levy additional taxes on sodas and other sugary drinks.Unsurprisingly, Coca-Cola, the biggest pure-play soda company, has seen its stock underperform the greater market in the last five years, providing investors a total return (including dividends) of 25% versus the S&P 500's near-90% total return.Against that backdrop, you might assume it's best to avoid the soda industry altogether.

BING NEWS:
  • Coca-Cola only sold 1% more drinks last quarter, but it raised prices 13%. Its CEO said it has ‘the right strategies’ for sustained success
    The beverage goliath is among several other snack and drink companies reaping the rewards of price hikes that far exceed inflation.
    04/30/2024 - 11:35 am | View Link
  • 5 Reasons to Buy Coca-Cola Stock Like There's No Tomorrow
    Coca-Cola ( KO -0.43%) is often considered a safe blue chip stock. It owns the world's top soda brand, it generates plenty of cash, and it pays consistent dividends. But over the past 12 months, its ...
    04/30/2024 - 3:05 am | View Link
  • The US brands that thrive forget the moonshots and focus on the consumer
    Trying to disrupt the US CPG industry with venture-capitalist-financed concepts is out, writes Victor Martino.
    04/30/2024 - 12:42 am | View Link
  • The Coca-Cola Company Q1 Profit Increases, beats estimates
    The Coca-Cola Company (KO) released earnings for its first quarter that increased from last year and beat the Street estimates. The ...
    04/30/2024 - 12:07 am | View Link
  • UBS Reaffirms Their Buy Rating on Coca-Cola (KO)
    UBS analyst Peter Grom maintained a Buy rating on Coca-Cola (KO – Research Report) today and set a price target of $70.00. The company’s shares opened today at $62.14. According to TipRanks, Grom is ...
    04/29/2024 - 9:45 pm | View Link
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