1 Stock to Buy That Could Help You Retire Early

Coca-Cola pays an annual dividend of 3%. It has been growing its dividends for 50 years in a row. Adding ko to your portfolio could help you retire earlier. Continue reading...

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The Coca-Cola Company is a beverage giant. sparkling soft drinks, sports drinks, juice, dairy, plant-based beverages, tea and coffee, and energy drinks are provided by the company.

The Jack & Coke cocktail will be available as a ready-to-drink and pre-mixed cocktail option. Consumers will be offered a new and wholesome experience.

The new relationship with Brown-Forman and the introduction of Jack Daniel's and Coca-Cola are exciting for us.

Over the past three years and the past five years, the dividends have gone up. The current yield is 2.82% and the four-year average is 3.10%. The company has grown its dividends for 59 years in a row.

Over the past month, the stock has lost a bit of its value. It has gained 5.3% so far this year and 11.6% over the last year.

In the near term, here is what could change.

The financials are solid.

Net operating revenues for the second quarter were $11.32 billion, an increase of 11.8% over the same period a year ago. Its gross profit was up 2.5% from a year ago. The North American segment revenues came in at $4.03 billion, an increase of 19.2% over the previous year.

The operating income of the company was up 8% year-over-year. The company's net income came in at $3.06 billion, up 4% from a year ago.

The analyst expectations are favorable.

In the next two years, analysts expect the company's revenue to go up. The company's earnings per share is expected to increase in the next two years. The next five years are expected to see a growth in the earnings per share. It has beaten estimates in all four quarters.

Of the 12 Wall Street analysts that rated it, nine of them rated it a buy. Wall Street analysts think the stock will hit $70.25 soon.

There are robust profitability margins.

The average gross profit margin in the industry is 32.83%. The industry average is 12.30% and its trailing-12-monthEBITDA margin is 321%. Its net income margin is 370% higher than the industry average.

The trailing-12-month ROCE, ROTC, and ROTA of the company was 42.30%, 11.05%, and 10.27%, compared with the industry average of 12.21%.

POWR ratings reflect a positive outlook.

An overall rating of B equates to buy in our POWR Ratings system. The POWR Ratings are calculated using 118 different factors.

It has a B grade for Quality and Sentiment, which is consistent with its higher than industry profitability margins. The stock has a B grade for stability, which is in line with the stock's price.

The 35-stock beverages industry has a ranking of 21. The industry has a rating.

You can click here for the additional POWR ratings. Here, you can view all the top stocks in the industry.

The bottom line.

Over the last few years, the financials of the company have grown. Over the past three years, it has grown its earnings at a 10.3% CAGR. Wall Street analysts think that the stock is a good buy. I think it would be a great addition to your retirement portfolio.

How does Coca-Cola stack up against its competitors?

Coca-Cola Consolidated, Inc., Carlsberg A/S, and Primo Water Corporation all have strong BUY ratings.

The shares were up $0.09 in pre market trading. The benchmark S&P 500 index has fallen over the course of the year, but the KO has risen.

Riddhima loves analyzing financial instruments. She helps investors make informed investment decisions with her insightful commentaries.

There is more.

There is a post about buying 1 stock that could help you retire early.

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