3 Stocks Pushing The Consumer Goods Sector Higher
2. As of noon trading, Coca-Cola ( KO) is up $0.22 (0.6%) to $38.73 on light volume. Thus far, 4.0 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 14.8 million shares. The stock has ranged in price between $38.13-$38.74 after having opened the day at $38.13 as compared to the previous trading day's close of $38.51. The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $170.6 billion and is part of the food & beverage industry. Shares are down 6.8% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts who rate Coca-Cola a buy, 1 analyst rates it a sell, and 4 rate it a hold. TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, good cash flow from operations, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Coca-Cola Ratings Report now. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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