Wall Street analyst upgraded Coca-Cola stock due to strong performance and promising new products

From Nasdaq: 2025-03-01 12:30:00

Coca-Cola (NYSE: KO) remains a top blue-chip stock in the beverage industry, boasting a century-long legacy and a diverse product range. Its latest earnings report showed a 2% increase in unit case volume, driving revenue up by 6%. One Wall Street analyst upgraded the stock due to strong performance. Erste Group recently upgraded Coca-Cola from hold to buy, citing high profitability and promising new products like probiotic lemonades. With a 17% climb in the past year, Coca-Cola is approaching its all-time high, offering a stable 2.9% dividend yield. While the stock is trading at a premium, it remains a leader in the industry.

In terms of investment potential, the Motley Fool’s Stock Advisor team did not include Coca-Cola in their list of the 10 best stocks to buy now. Instead, they identified other stocks with potential for significant returns in the future. Stock Advisor provides guidance on building a successful portfolio, with past recommendations yielding impressive returns. While Coca-Cola may not be on the current list, investors seeking a stable dividend stock with long-term growth prospects may find it to be a sound investment choice.



Read more at Nasdaq: 1 Wall Street Analyst Just Upgraded Coca-Cola Stock. Is It a Buy?