10 Best Stocks to Buy and Hold for 20 Years

7. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 78

Upside Potential: 12.2%

The Coca-Cola Company (NYSE:KO) is included in our list of the best stocks to buy and hold for 20 years.

Key leadership and organizational changes were announced by The Coca-Cola Company (NYSE:KO) on January 16, 2026, which aim at accelerating consumer-centric execution and enterprise-wide digital transformation, with Henrique Braun preparing to take on the CEO role on March 31, 2026.

The leadership changes feature the creation of a new Chief Digital Officer position, which Sedef Salingan Sahin will assume, unifying digital, data, and operational excellence across the company. This particular move reflects the company’s intent to speed decision-making, solidify execution, and embed technology more deeply across markets. The Coca-Cola Company (NYSE:KO)’s CEO, Braun, also made changes across senior roles, assigning a customer and commercial leadership role to Chief Marketing Officer Manolo Arroyo and retaining John Murphy as the CFO. Moreover, the company’s new regional market groupings reflect management’s focus on emerging-market growth and operational agility.

Meanwhile, two days earlier, the Financial Times reported that The Coca-Cola Company (NYSE:KO) is abandoning plans to sell Costa Coffee, with bids falling short of the company’s roughly £2.0 billion target, significantly below the £3.9 billion paid in 2018. The situation reflects the company’s ongoing portfolio discipline challenges, alongside potential future impairment risk.

The Coca-Cola Company (NYSE:KO), a global beverage leader, boasts a diversified portfolio spanning sparkling soft drinks, hydration, juice, and coffee markets.