Should you buy Coca Cola stock? (October 2023)

Coca Cola stock analysis. Ticker: KO. Join 10,000 investors: https://www.overlookedalpha.com Coca-Cola is one of the most well-known companies in the world. It’s also one of the best investments by the great Warren Buffett when he first started buying the stock, back in 1988, and Buffett still owns the stock to this day, with around 400 million shares. At the current share price, the company has a market cap of 247 billion dollars. It’s got 35 billion of cash and investments and 36 billion of debt so the enterprise value is roughly the same. Coca Cola has been around since 1892 and it now owns hundreds of other brands including Fanta, Sprite, Dasani, Powerade and many more. It makes money In two ways. Concentrated operations, is the selling of concentrate and syrups to bottling operators. This makes up 57% of revenue. And finished product operations which is the selling of finished drinks and makes up the remaining 43%. Coca Cola makes a lot of money. Revenue over the last 12 months totals 44 billion, with 11 billion of net income and 10 billion of free cash flow. So the stock is currently valued at 24 times earnings and 26 times free cash flow. And it also pays a dividend of 3.2%. #investing #stocks #stockstobuy #overlookedalpha