10 Best Kid-Friendly Stocks To Buy Right Now

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

Number of Hedge Fund Holders: 69

Coca-Cola (NYSE:KO), a soft drink manufacturer, ranks seventh on our list of the best kid-friendly stocks to buy right now. The Coca-Cola Company (NYSE:KO) is a company known to nearly every kid across the globe, which can be attributed to its targeted marketing campaigns and expansion strategies. Over the past few months, the company has announced new product lines and additions to existing product lines and brands. Fast forward to December 19, KO announced the acquisition of Billson’s, an Australian alcohol brand. The acquisition will be completed on January 31, 2025, and will serve as an interesting addition to KO’s portfolio.

The Coca-Cola Company (NYSE:KO) also exhibits a sound financial performance supported by its expansion strategy. In the third quarter of 2024, the company logged $11.9 billion in revenue, with organic revenues growing 9% year-over-year. The company is known for its consistent performance because over the past 5 years, The Coca-Cola Company (NYSE:KO) has grown its revenue at a compound annual growth rate (CAGR) of 6% and its free cash flow at a CAGR of 7%.