Is Coca-Cola Stock Your Ticket to Becoming a Millionaire?

• Coca-Cola's astir invaluable plus is its marque name, which supports durable pricing power.

• The concern is simply a Dividend King, having raised its payout for 63 consecutive years and counting.

• Investors tin look astatine the stock’s humanities way grounds to fig retired its semipermanent potential.

• 10 stocks we similar amended than Coca-Cola ›

Coca-Cola (NYSE: KO) needs nary introduction. It's a mega-cap institution with a marketplace worth of $302 billion. It sells implicit 200 varieties of drinks. A whopping 2.2 cardinal servings of its beverages are consumed each day, and it has a beingness successful implicit 200 countries and territories, fundamentally blanketing the globe with its thirst-quenching liquid products.

The beverage stock has a spot successful definite investors' portfolios. But is the concern your summons to becoming a millionaire? Let's find out.

Coca-Cola's defining property is its brand name. This is supported by unrivaled organisation and reach, selling prowess that resonates powerfully with consumers, and consistency of merchandise quality. Without a doubt, this is 1 of the astir recognizable brands retired there.

The large Warren Buffett, who galore presumption arsenic the champion capitalist of each time, knows a bully marque erstwhile helium sees one. His content shows up successful Berkshire Hathaway's portfolio, which owns 400 cardinal shares successful Coca-Cola, making it the conglomerate's 4th largest position.

The marque supports Coca-Cola's pricing power, arsenic absorption is capable to consistently inquire customers to wage much implicit time. During the 3rd quarter, Coca-Cola's income benefited from 4% terms growth. This provides a boost to revenue, which doesn't get overmuch assistance from portion measurement growth.

Profits, arsenic a result, person been impressive. Coca-Cola relies connected third-party bottlers and organisation partners that instrumentality attraction of a batch of the capital-intensive enactment and bash the dense lifting. The concern has posted a trailing 10-year operating margin of 26.4%.

An overlooked trait that investors indispensable cognize astir is Coca-Cola's staying power. This is highly valuable, arsenic exertion is forcing the system to determination and alteration truthful fast. Companies that are capable to stay applicable implicit decades basal retired from the crowd.

Here's wherever Coca-Cola shines. It's been astir for a precise agelong time, with its founding dating backmost to 1886. Over the past century-plus clip horizon, its operations haven't truly changed much, but for expanding the merchandise portfolio and entering caller markets, which is simply a earthy evolution. The manufacture Coca-Cola is successful -- non-alcoholic ready-to-drink beverages -- isn't prone to technological disruption similar different pockets of the system are. Being boring means that things tin stay stable, which is simply a feature.