Jim Cramer on Coca-Cola: “This Is a Quintessential Defensive Stock”

Now, get this, this is one, this is what I'm talking, I'm trying to, see, I gotta get this constituent done due to the fact that this is not what we usually bash here, but sometimes the market's bad… Coca-Cola. Okay, now, I don't portion Coca-Cola… But it was pushed down hard. It's been going down, down. And then, since this marketplace got bad, it has been thing but net. It rallied astir 3% today. Under the erstwhile CEO, James Quincey, whom I love, the institution reignited its growth. His successor, Henrique Braun, he's continuing the ignition. This is simply a quintessential antiaircraft stock. New high. You cognize what? You tin astir apt proceed to bargain Coca-Cola time greeting if the S&P's down. I privation you to scope for Coca-Cola and past conscionable support buying. I'm not kidding. This was rather a testament to however bully the stock's doing and however large the institution is.

The Coca-Cola Company (NYSE:KO) produces and sells beverages, including brushed drinks, water, juices, coffee, tea, sports drinks, and plant-based beverages. The company's large brands see Coca-Cola, Fanta, Sprite, Dasani, Dogadan, Maaza, Minute Maid, and Simply.

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