Coca-Cola Co. Stock

Description Coca-Cola

Coca-Cola is a multinational beverage company headquartered in Atlanta, Georgia, United States. It was founded in 1892 and is one of the largest manufacturers, distributors, and marketers of non-alcoholic beverages and syrups in the world. Coca-Cola's portfolio includes more than 500 brands, including Coca-Cola, Diet Coke, Sprite, and Fanta.

The company operates in more than 200 countries and its products are sold in more than 200 markets. In addition to its traditional carbonated soft drinks, Coca-Cola also produces and distributes sports drinks, energy drinks, juice products, and bottled water.

Coca-Cola is a publicly-traded company, with its shares being listed on the New York Stock Exchange and trading under the symbol "KO". As of August 2021, Coca-Cola had a market capitalization of over $233 billion and was one of the 30 components of the Dow Jones Industrial Average. The company has a long history of paying dividends and has increased its dividend for 59 consecutive years, making it a popular choice for income-oriented investors.

Competitors of Coca-Cola

As a multinational beverage company, Coca-Cola (KO) faces competition from various companies globally. Some of its most significant competitors are:

1. PepsiCo (Symbol PEP): This American multinational beverage company is Coca-Cola's primary direct competitor. PepsiCo owns several popular brands such as Pepsi, Gatorade, Tropicana, and Quaker Oats, among others.

2. Nestle (Symbol NSRGF): This Swiss multinational food and beverage company is also a significant competitor of Coca-Cola. Nestle's brands include Nescafe, Nesquik, and Perrier, among others.

3. Dr. Pepper Snapple Group (Symbol DPS): This American beverage company is another competitor of Coca-Cola. It's popular for brands such as 7UP, Sunkist, and Canada Dry.

4. Keurig Dr. Pepper (Symbol KDP): Keurig Dr. Pepper was formed in 2018 when Keurig Green Mountain merged with Dr. Pepper Snapple Group. Keurig Dr. Pepper now competes with Coca-Cola with brands such as Dr. Pepper, Snapple, and 7UP, among others.

5. Monster Beverage Corp (Symbol MNST): This American beverage company produces and markets energy drinks, including its Monster Energy drink. Monster Beverage is a significant competitor of Coca-Cola in the energy drink market.