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

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

NYSE: KO

Coca-Cola

Market Cap

$266B

Today's Change

(%)

Current Price

$61.74

Price as of April 26, 2024, 4:00 p.m. ET

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

Fool.com contributor Parkev Tatevosian reviews Coca-Cola's (KO) 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.

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.