Coca-Cola's high valuation and low dividend yield make it a challenging millionaire-maker stock.
Coca-Cola's high valuation and current dividend yield near its decade low make it a challenging millionaire-maker stock. Its current market valuation is above its five-year averages, but the brand's resilience and diverse products offer potential. To benefit long-term, investors should be patient and prepared to buy during market or company-specific weaknesses.
August 18, 2024
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