2023-05-26 08:00:00 ET
Coca-Cola (NYSE: KO) is a popular Warren Buffett stock that has an excellent track record for dividend growth and overall profitability. The soft drink company has a wide moat as its products are known around the world and its logo is iconic.
But despite all these positives, it hasn't made for a great investment over the years, highlighted by one astounding stat. Let's see what that is.
It may be surprising for investors to learn that despite having such a strong business, Coca-Cola hasn't made for a good investment over the past decade. Here's how the beverage stock has performed versus the S&P 500 :
For further details see:
The Surprising Stat That Could Have You Thinking Twice About Buying Coca-Cola Stock