The Coca-Cola Company was formally founded in 1892, based on the recipe for the original Coca-Cola drink, created in 1886. The company is now a multinational corporation creating a number of beverages; Coca-Cola stock is represented by the ticker symbol KO and trades on the New York Stock Exchange. The Coca-Cola stock is also included in the S&P 100 and S&P 500 indices, which track the overall performance of the largest companies in the United States.
The History of Coca-Cola
The drink we now know as Coke was initially invented as a medicinal treatment, mainly to be used to alleviate headaches. The company grew quickly after it was founded in Atlanta in 1892, with Coca-Cola spreading through the United States as the company grew.
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The company actually only manufactures the syrup concentrates for its drinks, which are then sold to franchises that produce the actual bottles and cans that can be bought in stores. While the Coca-Cola name is mainly associated with Coke, the company has acquired a number of additional products, including Sprite, Minute Maid and Dasani water.
The company's stock, traded publicly under the stock symbol KO, per Google Finance, has seen slow but solid growth over the last five years. From 2017 through 2019, the company maintained a stock price between $40 and $50 a share; the stock price rose in 2019, but like most markets, fell in 2020 with the onset of the COVID-19 pandemic. KO stock started at around $50 per share in 2021 and has risen to around $54 per share by June of 2021.
CNN Business predicts Coca-Cola stock will grow an average of 10 percent over the next 12 months, as markets recover from the pandemic; the Motley Fool predicts a more conservative growth of around 5 percent.
Coca-Cola is a large, established company and can be expected to provide slow steady growth over the long term; the beverage market isn't expected to see any major breakthroughs that might give the stock a huge jump, like more risky alternatives, but it can be counted on as a solid low-risk investment.
How To Buy Coca-Cola Stock
Coca-Cola stock is listed on the New York Stock Exchange under the ticker symbol KO. Buying public stock is fairly straightforward. You can meet with a stockbroker in person and arrange to buy KO stock through their brokerage firm, or you can create an account online with a number of electronic stockbroker websites that allow you to purchase stock directly. Using an online stockbroker is the easiest way to buy stock directly; E-Trade, Charles Schwab, TD Ameritrade, Fidelity and Vanguard are some of the most popular, best stock market websites.
To purchase stocks online, choose your online stockbroker and open an account. Take time to research the potential trading fees you might see depending on the kind of account you create; most of the sites listed above have a number of options depending on how much stock trading you intend to engage in. You'll need to transfer money from your bank account into your online account in order to purchase the stock. Once that's done, you should be able to directly purchase Coca-Cola stocks for sale by searching for the stock symbol KO. You may want to do some research into the timing of your purchase so that you're buying the stock at a lower price, meaning as the stock grows, you'll see higher returns.
Once you've purchased shares of KO stock, your online brokerage firm will show you the performance of the stock and how much your shares are worth over time. You can sell the stock in the future through the same account if you choose to do so.