Top 10 Stocks to Buy According to Balyasny Asset Management

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

Number of Hedge Fund Holders as of Q4: 81

Balyasny Asset Management’s Equity Stake: $371.93 Million 

The Coca-Cola Company (NYSE:KO), a multinational corporation founded in 1892, is a global leader in the beverage industry. It produces and markets a wide range of soft drinks, non-alcoholic beverage concentrates, syrups, and even alcoholic beverages. With a strong presence in international markets, Coca-Cola continues to drive revenue growth through strategic pricing, product innovation, and expanding its consumer base. On February 11, the company reported fourth-quarter earnings and revenue that exceeded analysts’ expectations, demonstrating the resilience of its brand and the consistent demand for its products worldwide.

For the quarter ending December 31, The Coca-Cola Company (NYSE:KO) reported earnings per share of 55 cents on an adjusted basis, surpassing the expected 52 cents. Revenue reached $11.54 billion, exceeding Wall Street projections of $10.68 billion. Net income attributable to shareholders rose to $2.20 billion, or 51 cents per share, up from $1.97 billion, or 46 cents per share, in the previous year. Organic revenue, which excludes the effects of acquisitions, divestitures, and foreign currency, grew 14%, largely driven by a 9% increase in pricing. The company attributed 4% of this pricing growth to inflationary markets, while the remaining growth stemmed from price hikes and a favorable sales mix.

Looking ahead to 2025, The Coca-Cola Company (NYSE:KO) projects organic revenue growth of 5% to 6%, with comparable earnings per share expected to rise 2% to 3%. The company acknowledges potential challenges, including currency exchange headwinds and increased costs from tariffs on aluminum imports. However, its ability to adapt pricing strategies and optimize product packaging, such as shifting toward PET bottles over aluminum cans, demonstrates its operational flexibility. With a strong global brand, continued volume growth, and effective pricing strategies, The Coca-Cola Company (NYSE:KO) remains a top stock to buy according to Balyasny Asset Management.