Valued at a market cap of $270.7 billion, The Coca-Cola Company (KO) is a beverage company that manufactures, markets, and sells various nonalcoholic beverages, spanning from sodas to energy drinks. The Atlanta, Georgia-based company is making investments in healthier alternatives like coffee, sparkling water, and sports drinks through its Coca-Cola Energy, Coca-Cola Plus Coffee, Powerade Ultra, and Powerade Power Water brands.
This beverage giant's shares have lagged behind the broader market over the past 52 weeks. KO has gained 6.9% over this time frame, while the broader S&P 500 Index ($SPX) has soared 23.3%. Moreover, over the past six months, the stock is down 5.4%, compared to SPX’s 11.7% rise.
