5 Best Value Dividend Stocks to Buy Now According to Warren Buffett

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

Berkshire Hathaway’s Stake Value: $30,420,000,000

Forward P/E Ratio: 25.71

On June 12, Bernstein analyst Cristian Rios initiated coverage of The Coca-Cola Company (NYSE:KO) with a Market Perform rating. The analyst also set an $84 price target on the stock. The firm described Coca-Cola as a “high-quality compounder” and expressed confidence in the company’s North American business. At the same time, Rios is more cautious on Coca-Cola’s prospects in Latin America compared with broader market expectations. The analyst pointed to the expected impact of Mexico’s 2026 excise tax, which is likely to affect consumer demand and pricing. In a research note, he said the tax will “dampen” consumption and price realization.

Earlier, on June 10, Morgan Stanley analyst Dara Mohsenian reiterated that Coca-Cola remains the firm’s Top Pick. The analyst cited the company’s strong long-term organic sales growth outlook, supported by several recent developments. These include accelerating sales growth at Fairlife in U.S. scanner data over the past six weeks as additional production capacity comes online, along with continued pricing strength relative to other consumer packaged goods companies. Morgan Stanley maintained its Overweight rating on the stock and kept its $89 price target.

The Coca-Cola Company (NYSE:KO) is a beverage company with operations across Europe, the Middle East and Africa, Latin America, North America, Asia Pacific, and its Bottling Investments segment.