Dividend Kings such as Coca-Cola are significant for passive income investors. Coca-Cola is responsible for an
8.5% share of Warren Buffett's portfolio. This stature has led billionaire Ken Griffin to identify it as a top pick. Despite a 12% drop in the past month, some view this as a buying opportunity. However, some investors are suggesting alternative stocks, attributing the fall of dividend king stocks like Coca-Cola, PepsiCo, and Procter & Gamble to post-election effects. Hedge funds appear to favor the company, with Pacer Advisors and Segall Bryant & Hamill LLC increasing their stakes. Predictions about the future of
Coca-Cola's stock varies, with some forecasting a tough year in 2025. The company's stock made it onto UBSβ list of stocks for the AI, Growth, and Low Rates era. Opinions vary about whether Coca-Cola's stock is a buy, sell, or hold. Its Dividend King status is seen as positive, but its volume drop was noted as a glaring problem. Recent performances were mixed but included purchases by Howe & Rusling and BNP Paribas Asset Management. Industry advisors suggest the stock provides safe dividend income.
Coca-Cola Stocks News Analytics from Sat, 27 Jul 2024 07:00:00 GMT to Sat, 23 Nov 2024 12:11:18 GMT -
Rating 3
- Innovation -8
- Information 4
- Rumor 2