Coca-Cola Stock Recently Hit a New All-Time High. Has It Gotten Too Expensive?
The beverage giant is trading at 26 times its trailing earnings, which may be a bit pricey for the modestly growing business.
Overview
Coca-Cola (NYSE: KO) is flying high this year, with its shares up an impressive 25% thus far in 2026. That's considerably better than the S&P 500, as the broad market index is up 13%, which is above average. It puts into perspective just how exceptional Coca-Cola's stock has been of late. It also recently hit a new all-time high.
What's behind the surge in value, and is Coca-Cola stock still a good buy right now, or could it be approaching a peak?
Image source: Getty Images.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.