Atlanta, Georgia-based The Coca-Cola Company (KO) is a global beverage leader with a market cap of $295.9 billion. It manufactures and sells a wide range of non-alcoholic beverages, including sparkling soft drinks, flavored waters, sports drinks, coffees, teas, juices, value-added dairy products, plant-based beverages, and more.
This beverage giant has lagged behind the broader market over the past 52 weeks. Shares of KO have gained 1.1% over this time frame, while the broader S&P 500 Index ($SPX) has surged 17%. Nonetheless, on a YTD basis, the stock is up 9.9%, outpacing SPX’s 8.2.% return.
