Coca-Cola (KO), a dividend stock long held by Warren Buffett, hit a new all-time high, up 26% year-to-date.
Coca-Cola (KO) stock recently hit an all-time high, with a year-to-date gain of 26%, outperforming the S&P 500's 14% rise over the same period. The company's second-quarter organic revenue grew 6% year-over-year, demonstrating strong performance amidst inflation and a challenging operating environment. Coca-Cola is Berkshire Hathaway's longest-held stock, with Warren Buffett having held it since 1988 without selling. The position is currently valued at nearly $35 billion and continues to be led by Greg Abel.
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