10 Best Widow and Orphan Stocks To Invest In

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

Number of Hedge Fund Holders: 69

The Coca-Cola Company (NYSE:KO) is a beverage company. In the third quarter of 2024, the company witnessed organic revenues grow by 9% despite a 1% decline in net revenues. In February, Coca-Cola Nigeria and its authorized bottler, Nigerian Bottling Company, inaugurated a new domestic packaging collection hub in Apapa, Lagos. The facility is set to bolster Nigeria’s plastics recycling infrastructure with the capacity to process up to 13,000 tonnes of plastic bottles annually.

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