Is It Too Late to Buy Coca-Cola Stock?
The Coca-Cola Company (NYSE: KO) epitomizes the tortoise vs. the hare in investing. The stock will probably never grab your attention, but its shares have steadily grown higher and paid dividends for generations. The stock is up 8% since January, giving investors yet another year of solid returns if you factor in the dividend's 3% yield.
The company has been around long enough that it's fair to question how much longer it can deliver worthwhile investment returns. After all, Coca-Cola is the world's largest non-alcoholic beverage business today, and its stock carries a $274 billion market cap. Is it too late for long-term investors to buy the stock today?
Here is what you need to know.
Source Fool.com
