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2 Reasons to Buy Coca-Cola Stock Like There's No Tomorrow
Coca-Cola (NYSE: KO) is an iconic business and even some of the most notable investors happily own the shares. That list famously includes Warren Buffett, the CEO of Berkshire Hathaway. There are two very good reasons to buy the stock today, but there's also a reason to wait until a future tomorrow.Here's what you need to know before you jump aboard.Coca-Cola is a consumer staples maker since it, technically, produces food. The many beverages it produces are effectively a luxury version of a basic necessity. But the cost of that luxury is so modest that customers are happy to buy sodas and other beverages regardless of the economic environment. That's a very big-picture view of the business.Continue reading
Coca-Cola (NYSE: KO) is an iconic business and even some of the most notable investors happily own the shares. That list famously includes Warren Buffett, the CEO of Berkshire Hathaway. There are two very good reasons to buy the stock today, but there's also a reason to wait until a future tomorrow.
Here's what you need to know before you jump aboard.
Coca-Cola is a consumer staples maker since it, technically, produces food. The many beverages it produces are effectively a luxury version of a basic necessity. But the cost of that luxury is so modest that customers are happy to buy sodas and other beverages regardless of the economic environment. That's a very big-picture view of the business.
