With a market cap of $337.2 billion, The Coca-Cola Company (KO) is a global beverage company that manufactures and sells a wide range of nonalcoholic drinks, including soft drinks, water, juice, tea, coffee, and sports beverages across the United States and internationally. It distributes its products through an extensive network of bottling partners, distributors, and retailers.
Shares of the Atlanta, Georgia-based company have lagged behind the broader market over the past 52 weeks. KO stock has increased 8.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 28.3%. However, shares of the company are up 12.5% on a YTD basis, outpacing SPX’s 4.2% rise.
