Prediction: Here's What a $15,000 Investment in Coca-Cola (KO) Stock Could Be Worth in 5 Years
Coca-Cola has been a steady grower and dividend payer for many decades.
Overview
If you're worried about the stock market correcting or crashing this year or next, you might be stressed out regarding which stocks to buy. It's true that when the market pulls back, growth stocks often fall hardest, so you might want to consider some more "defensive" stocks -- ones whose goods or services tend to remain in demand no matter whether the economy is booming or struggling.
A solid stock to consider is Coca-Cola (NYSE: KO). Plunking, say, $15,000 into it now could result in a stake worth around $22,000 in five years.
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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.