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Coca-Cola Surges Past Big Tech but Stretched Valuation Urges Caution

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Coca-Cola has rallied roughly 26% year-to-date, outperforming the S&P 500 and big tech on robust Q2 earnings and currency tailwinds.
  • However, trading near 25 times forward earnings, valuation risks suggest waiting for a pullback to historical dividend yield levels before buying.
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US500 price history

7656.98 +14.20% over the displayed period

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