12 Best FMCG Stocks to Buy According to Billionaires

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

Number of Billionaire Investors: 16

Number of Hedge Fund Holders: 81

The Coca-Cola Company (NYSE:KO) is a beverage company that is engaged in manufacturing and selling numerous non-alcoholic beverages. Erste Group analysts upped the company’s stock from “Hold” to “Buy,” highlighting its strong profitability and optimistic growth projections. For Q4 2024, the company’s EPS saw an increase of 12% to $0.51, while comparable EPS (non-GAAP) rose 12% to $0.55. For FY 2025, The Coca-Cola Company (NYSE:KO) anticipates delivering organic revenue (non-GAAP) growth of 5% – 6%. Erste Group analysts opine that the company’s strategy to innovate with new products remains in line with its objective to fuel sales and maintain a competitive edge.

Elsewhere, TD Cowen sustained a positive stance on the company’s stock, maintaining a “Buy” rating and a consistent price objective of $78.00. Vivien Azer, an analyst, exhibited confidence in The Coca-Cola Company (NYSE:KO)’s ability to outperform its competitors, demonstrating numerous factors contributing to its strong growth prospects. The analyst demonstrated the company’s superior revenue growth, productivity, effective management, cost savings, and marketing strength as critical differentiators placing it well to navigate the market challenges. The Coca-Cola Company (NYSE:KO)’s emphasis on sustaining a balance between volume and value remains a critical aspect of its approach to maintaining growth.