Coke Stock
Coke stock is a world leading brand and beverage products, focusing on soft drinks and other products. Coke stock switches hands on the New York Stock Exchange (NYSE) and the stock symbol is KO. The company is headquartered in Atlanta, Georgia and in nearly 40 years has returned 2876% to shareholders plus regular dividend payouts in 1987 and a handful of stock splits. Coke stock represents one of the most dynamic consumer products on the globe. Investors in the stock own a piece of one of the most recognizable brands in the world. The ColaCola company faces fierce competition from a variety of companies, but its strongest rival has been Pepsi stock.
Coke stock is an important investment for investors looking for a defensive stock play. CocaCola is one of many trademarks that earns money for the stock. The Coke Stock benefits from over 450 different brands including diet and light beverages, waters, enhanced waters, juices and juice drinks, teas, coffees, and energy and sports drinks. Because of the success that Pepsico has had, Coke has also made some strides into the snack foods market, but on a much smaller scope that Pepsi stock.
Coke stock is widely held by investors because of its ability to continue to grow and strengthen its brand in the US and the world, in the face of fierce international and local competition. Investors in Coke stock own a small piece of 2.32 billion shares trading on the NYSE. Institutional investors hold a significant portion of outstanding shares, around 66% in 2008. Coke stock extends a great dividend to provide income and growth to investors of all times. The stock has relatively low volatility, being much less than 1, which isn't a big surprise for such a veteran staple and defensive stock