5 Best Consumer Staples Stocks To Buy Now

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In this piece, we will take a look at the five best consumer staples stocks to buy now. For a deeper look at the consumer staples sector, take a look at 14 Best Consumer Staples Stocks To Buy Now.

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

Number of Hedge Fund Investors In Q2 2023: 61

The Coca-Cola Company (NYSE:KO) is one of the biggest beverage companies in the world. It is also arguably one of the strongest consumer staple stocks in the world since the firm has operations in nearly every country on the planet, and despite this, the firm trades for a forward price to earnings ratio of 19.38

During Q2 2023, 61 out of the 910 hedge funds polled by Insider Monkey had held a stake in The Coca-Cola Company (NYSE:KO). Out of these, none other than Warren Buffett’s Berkshire Hathaway is the firm’s biggest shareholder since it owns a whopping 400 million shares for a $24 billion investment.

Follow Coca Cola Co (NYSE:KO)


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