In this segment from Thursday's Investor Beat, Motley Fool analyst David Hanson tells host Chris Hill why Coca-Cola (NYSE:KO) is a stock he's putting on his watchlist today. David looks at the phenomenal business of Coca-Cola and its legendary supply chain but notes that the stock itself has been largely flat over the past year despite the market gains. That's made him sit up and take notice that this might be a great business that's coming back down to a fair price.

However, many investors are worried about the secular decline in popularity of sugary carbonated sodas in the United States. David says that while that may be a slight concern, the popularity of those beverages isn't going to vanish anytime soon, and in the meantime, Coke has some incredible purchasing power to acquire other great drinks, where it can use its supply chain to make those new brands thrive.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.