Is Coca-Cola Stock a Buy?
The coronavirus pandemic is causing disruptions in Coca-Cola's (NYSE: KO) operations, without a doubt. Local governments have asked many restaurants and entertainment venues to either shut their doors completely or operate at significantly reduced capacity. That's hurting sales because those are places where people consume many of Coca-Cola's drinks.
Still, when investing in a company, it is best to look at the long term. With positive developments on a coronavirus vaccine, it appears that there will be a return to normalcy sometime after the summer of 2021. Let's look at the company's prospects and determine if it's a good time to buy the stock.
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Source Fool.com
