The market is trading near all-time highs despite numerous potential risks. Jamie Dimon, the CEO of financial giant JPMorgan Chase (NYSE: JPM), has warned that "geopolitical tensions and wars, sticky inflation, large global fiscal deficits and elevated asset prices" are "tectonic plates" that could collide and wreak havoc on the market. In this environment, it probably pays to add some safety to your portfolio.
If you are a dividend growth aficionado, the ultimate stock to consider right now could be Coca-Cola (NYSE: KO). A $1,000 investment will get you around 11 shares. But as a business, it offers so much "value" that it can't be ignored.
Here's why now is a good time to buy one of the world's largest consumer staples companies. Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005.
But according to our analysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue » The first reason to like Coca-Cola is pretty simple: drinking is a necessity of life.
Nobody needs to drink the sodas and other relatively expensive beverages Coca-Cola sells; they could just drink tap water. But in the grand scheme of things, Coca-Cola's products aren't that expensive. They are easy to justify as affordable luxuries.
Tap water is fine, but a Coke is way more enjoyable for most people. And even during hard times, the financial burden of enjoying a Coke isn't likely to break the bank. The financial burden of buying soda is especially important today, because inflation is high and consumers are tightening their budgets.
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