The Coca-Cola Company (KO) is an American multinational beverage corporation, and a blue-chip stock with a long history of proven performance. The first glass of Coca-Cola was sold in downtown Atlanta in 1886, and a decade later, the company arrived in Canada, setting up a small factory in downtown Toronto. The company has been present in Canada for over 120 years.
Coca-Cola has become the world’s largest non-alcoholic beverage company and it is one of the world’s largest food and beverage companies, too.
With a market capitalization of almost $348 billion ($260 billion USD), KO reached an all-time closing price high of $84.09 ($62.83 USD) on April 21, 2022 and is currently trading around the $80 mark ($60 USD).
What’s more, prolific investor Warren Buffet’s Berkshire Hathaway owns 400 million shares of Coca-Cola, or 7.15% of its portfolio. Here’s what to know if you want to buy into it too.
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