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Coca-Cola's Pricing Power Makes It an Excellent Dividend Stock to Buy

The company raised prices and barely experienced a pullback in unit sales.

By Parkev Tatevosian, CFA – Jul 30, 2023 at 12:25PM EST

Fool.com contributor Parkev Tatevosian reviews Coca-Cola's (KO 1.01%) latest earnings results, which demonstrated its excelling elasticity of demand.

*Stock prices used were the afternoon prices of July 27, 2023. The video was published on July 29, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends the following options: long January 2024 $47.50 calls on Coca-Cola. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Coca-Cola Stock Quote
Coca-Cola
NYSE: KO
$78.43
(-1.01%)-$0.80

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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