Coca-Cola: Cramer Weighs in on KO as Stock Trades Near Fair Value
Coca-Cola's (KO) recent performance has drawn attention from renowned commentator Jim Cramer. He prefers Coca-Cola over Celsius Holdings, citing weak Q2 results and activist pressure on Celsius' leadership.
The stock currently trades at $91.10 with a 30-day share price return of 10.76% and a 1-year total shareholder return of 35.91%. This indicates building momentum over both shorter and longer periods.
Coca-Cola's steady volume growth, long dividend record, and strong leadership make it an attractive investment opportunity. However, the question remains whether the current valuation still leaves enough upside to justify new money going in.