Coca-Cola Just Got Sweeter. The Stock Looks Like a Buy.

Barrons2022-01-08

Coca-Cola stock finally has its fizz back after reclaiming its Covid-era highs. Its shares should keep climbing.The postpandemic world hasn’t been easy for the beverage maker. While the S&P 500 long ...

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Comments

逢場作戲又一日
2022-01-10
逢場作戲又一日
Great
Annalz
2022-01-10
Annalz
KO will be double
stormlee
2022-01-09
stormlee
Pls like
- 逢場作戲又一日:
  Great
Bodoh
2022-01-09
Bodoh
Bad for teeth
Annalz
2022-01-09
Annalz
always good
Jdheng1
2022-01-09
Jdheng1
Liked

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The Stock Looks Like a Buy.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-08 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/buy-coca-cola-stock-ko-51641607419?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coca-Cola stock finally has its fizz back after reclaiming its Covid-era highs. Its shares should keep climbing.The postpandemic world hasn’t been easy for the beverage maker. While the S&P 500 long ...</p>\n\n<a href=\"https://www.barrons.com/articles/buy-coca-cola-stock-ko-51641607419?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KO","symbol_name":"可口可乐","start_time":0,"source_url":"https://www.barrons.com/articles/buy-coca-cola-stock-ko-51641607419?mod=hp_LATEST","article_id":"1127701409","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1127701409","pubTimestamp":1641610534,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Coca-Cola stock finally has its fizz back after reclaiming its Covid-era highs. 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Emerging markets are also improving. As a result, Grandet sees Coke’s earnings per share growing at a 12% annualized clip through 2023, hitting $2.71 that year. That should help drive the stock higher.Coca-Cola also has room for its valuation to increase. It trades at 24.8 times 12-month forward earnings expectations, according to FactSet, a discount to Pepsi’s 25.8 times. “[We] think the shares will catch the lost ground in early ’22,” writes Grandet, who raised his price target to $66.It’s not all clear sailing. Looming over the company is a tax dispute with the Internal Revenue Service that could result in a $12 billion hit, says CFRA analyst Garrett Nelson. While that’s frightening, he argues that Coke should be able to offset it with improved concentrate sales and better pricing.“In our view, the pending resolution of its IRS tax case…will lift a major overhang, allowing investors to focus on KO’s fundamentals and strong underlying momentum from the rebound in on-premise sales and robust pricing environment,” writes Nelson, who also upgraded Coca-Cola stock this past week. 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