Next Stop for Coca-Cola Stock: $48?
Jan 4th 2014 6:00PM
Updated Jan 4th 2014 6:02PM
Coca-Cola stock had a rough year in 2013, trailing the broader market significantly. But some observers see a brighter future ahead for the beverage giant. Barron's magazine, for example, said recently that Coke could jump by 20% this year, to reach $48 a share.
In the following video, Fool contributor Demitrios Kalogeropoulos gives his take on Coca-Cola's recent performance, and on its outlook for 2014. The stock may not spike as high as the Barron's target, he says, but Coke should still provide investors with plenty of rewards for holding on to its shares, including market share gains and increasing profitability.
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The article Next Stop for Coca-Cola Stock: $48? originally appeared on Fool.com.Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Coca-Cola. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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