The Coca-Cola Company is a mega-cap stock with a market cap of $312.3 billion, dominating the non-alcoholic beverage industry globally. Despite a slight dip from its 52-week high, KO stock has outperformed the sector over the past three months, rising 5.3%. Shares of KO have seen a 16.6% increase YTD and a 12.8% climb over the past year, surpassing the Consumer Staples Select Sector SPDR Fund’s performance. With a bullish trend, KO has been trading above its moving averages since mid-October, showing stability. Following its Q3 results, KO shares surged more than 4% as adjusted revenue reached $12.4 billion, up 3.9% year over year, and adjusted EPS increased 6.5% to $0.82. In comparison, PepsiCo, Inc. has shown resilience with a YTD loss of 3.9% and a 10.4% downtick over the past 52 weeks. Wall Street analysts are optimistic about KO’s future, giving it a consensus “Strong Buy” rating and a mean price target of $80.17, suggesting a potential upside of 10.4% from current levels.

Read more at Yahoo Finance: Is KO Outperforming the Consumer Staples Sector?