10 Best Coffee Stocks To Buy According to Hedge Funds

2. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 69

The Coca-Cola Company (NYSE:KO) is a major beverage company with 2.2 billion servings of its drinks being enjoyed in more than 200 countries and territories each day. The firm’s beverage portfolio has expanded to over 200 brands and thousands of beverages across the globe, from soft drinks and waters to teas and coffees.

The Coca-Cola Company (NYSE:KO) has a major presence in the global coffee market as it acquired Costa, which marked an acquisition that gave the firm a strong, global coffee platform with a footprint in over 30 countries and much potential for future growth. While hot beverages were one of the few segments of the total beverage landscape where Coca-Cola did not have a global brand, as reiterated by the CEO Coca-Cola President and CEO James Quincey, Costa gave the firm access to this market with a strong coffee platform.

Costa Coffee has more than 50 years of experience in crafting the finest quality coffee. While its story began back in 1971, Costa Coffee has transformed over the years into a global brand, with over 4,000 stores in 32 different countries. With an exposure so broad and a brand name so widely recognized as in Costa’s case, The Coca-Cola Company (NYSE:KO) is an important coffee stock in the global coffee arena.