Is Coca-Cola a blue-chip stock?
Coca-Cola holds a prominent position as a top blue-chip stock.
Coca-Cola is a blue chip stock with a highly profitable business and nearly unparalleled history of returning cash to shareholders through dividends. The company owns one of the world's most powerful collection of brands.
A blue chip stock is stock issued by a large, well-established, financially-sound company with an excellent reputation. Normally, such companies have operated for many years, have dependable earnings, and usually pay dividends to investors. A blue chip company typically has a market capitalization in the billions.
Coca-Cola Co (KO)
Coca-Cola is the quintessential blue chip stock, a drinks company that has demonstrated decades of consistent dividends and stable performance. However, KO's average return over the past decade is the worst on this list.
Company (Ticker) | Sector | Market Cap |
---|---|---|
Nvidia Corp. (NVDA) | Technology | $1.63T |
JPMorgan Chase & Co. (JPM) | Financial | $502.65B |
Salesforce (CRM) | Technology | $276.52B |
Caterpillar (CAT) | Industrials | $160.41B |
Coca-Cola Company (The) Common Stock (KO)
Coca-Cola is still a reliable long-term investment, but its shares will likely underperform the market over the next 12 months for two simple reasons. First, a stabilization in interest rates and the broader macro environment will likely drive investors back toward either deep-value stocks or higher-growth stocks.
- Chevron Corporation (NYSE:CVX)
- The Coca-Cola Company (NYSE:KO)
- The Home Depot, Inc. (NYSE:HD)
- Costco Wholesale Corporation (NASDAQ:COST)
- Walmart Inc. (NYSE:WMT)
- AbbVie Inc. (NYSE:ABBV)
- The Procter & Gamble Company (NYSE:PG)
- Pfizer Inc. (NYSE:PFE)
Price ($) | 12-Month Trailing ROE Ratio (%) | |
---|---|---|
Marriott International, Inc. (MAR) | 220.09 | 1446.77 |
Tempur Sealy International, Inc. (TPX) | 50.57 | 1275.77 |
The Home Depot, Inc. (HD) | 351.81 | 1151.32 |
However, SBUX is still one of the undervalued blue-chip stocks to buy. Despite having over 36,300 global locations, its growth story is far from over. In particular, the beverage giant sees store growth opportunities in China.
Is Apple a blue-chip stock?
Our picks for best blue-chip stocks For 2024 are Apple AAPL 0.0% , Microsoft, Johnson & Johnson JNJ +0.1% , Coca Cola and Procter & Gamble PG -0.7% .
These safe blue-chip stocks have strong competitive positions in stable industries. Hershey (HSY): A trusted confectionery brand that can grow earnings in any environment.
Walmart (WMT)
Another one of the top blue-chip stocks to buy is Walmart (NYSE:WMT), which offers reliable dividend payments and steady appreciation. The equity has a 1.4% dividend yield and has gained 76% over the past five years.
Coca-Cola didn't have an upcoming stock split on the docket as of mid-2023.
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WMT, The Home Depot, Inc. HD and Costco Wholesale Corporation COST. Thanks to successful business operations, these bellwethers have withstood multiple market gyrations and delivered returns to investors. These blue-chip stocks have balance sheet strength to tackle any untoward market volatility.
Therefore, investors looking for a stable, dividend-paying investment option often choose KO stocks, while those seeking higher risk and potential returns may consider investing in co*ke stocks.
Largest shareholders include Berkshire Hathaway Inc, Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Jpmorgan Chase & Co, Geode Capital Management, Llc, Morgan Stanley, and Fmr Llc .
Stockholder | Stake | Total value ($) |
---|---|---|
Berkshire Hathaway, Inc. (Investm... | 9.25% | 23,572,000,000 |
The Vanguard Group, Inc. | 8.18% | 20,849,001,041 |
BlackRock Fund Advisors | 4.60% | 11,728,473,654 |
SSgA Funds Management, Inc. | 3.59% | 9,148,227,729 |
CocaCola Company (The) - Buy
Zacks' proprietary data indicates that CocaCola Company (The) is currently rated as a Zacks Rank 2 and we are expecting an above average return from the KO shares relative to the market in the next few months.
Why is co*ke stock crashing?
It was the drop in profit that Coca-Cola experienced during the 4th quarter. The company's net income dropped substantially from the same period last year when it reported $2.41 billion (56 cents a share). This year, net income was just $2.03 billion (47 cents a share).
The board of directors deems dividends so important, they have raised them for 61 straight years. That makes Coca-Cola part of the esteemed Dividend Kings, a stock that has increased payments annually for at least half a century. Coca-Cola's stock has a 3.1% dividend yield, more than double the S&P 500's 1.5%.
Name | Price | Price Change |
---|---|---|
BLRX Bioline RX Ltd Sponsored ADR | $1.14 | $0.02 (1.72%) |
APLM Apollomics | $0.81 | $0.01 (1.22%) |
PTN Palatin Technologies | $3.78 | $0.17 (4.71%) |
CLNN Clene | $0.47 | $0.011 (2.23%) |
S.No. | Name | CMP Rs. |
---|---|---|
1. | Brightcom Group | 19.40 |
2. | Rama Steel Tubes | 44.00 |
3. | Easy Trip Plann. | 52.70 |
4. | Radhika Jeweltec | 62.55 |
- Best safe stocks to buy.
- Berkshire Hathaway.
- The Walt Disney Company.
- Vanguard High-Dividend Yield ETF.
- Procter & Gamble.
- Vanguard Real Estate Index Fund.
- Starbucks.
- Apple.