12 Best Forever Stocks to Invest In

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

Number of Hedge Fund Holders: 87

The Coca-Cola Company (NYSE:KO) ranks among the best forever stocks to invest in. Despite reducing some of its near-term North American growth projections, Piper Sandler maintained its Overweight rating on The Coca-Cola Company (NYSE:KO) on July 8 with a price target of $80.

The company’s forecast of Q2 2025 North American organic sales growth has been lowered from 6.0% to 2.5% to better reflect the 2.8% growth in US measured retail sales so far this quarter. Piper Sandler also reduced its forecast for organic sales growth in North America in Q3 2025 by about 3 percentage points.

While favorable currency conditions add around $0.02 back to Piper Sandler’s 2025 earnings per share forecast, these model adjustments lower it by about $0.02, maintaining the full-year global growth prediction slightly over the midpoint of Coca-Cola’s guidance.

The Coca-Cola Company (NYSE:KO) is a multinational beverage company that produces, develops, and sells a broad variety of nonalcoholic beverages. Coca-Cola’s brands include Fanta, Fresca, Schweppes, Sprite, and others.

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