Is Coca-Cola Femsa (KOF) The Best Defensive Stock to Buy Amid Middle East War?

We just covered Bill Gates’ 2026 Portfolio: Top 10 Stocks to Buy. Coca-Cola Femsa (NYSE:KOF) ranks #10 (see the Bill Gates’ 2026 Portfolio: Top 5 Stocks to Buy).

The Middle East war shows no signs of slowing down, and investors are scrambling to protect their portfolios with defensive and stable stocks. We turn to Bill Gates’ portfolio for ideas.

Coca-Cola Femsa (NYSE:KOF) is a smart stock pick of the Gates Foundation to benefit from the rising consumer class in Latin America.  While the beverage market in the US is getting saturated, consumption in Brazil, Mexico and other key countries in the region is rising.  Coca-Cola Femsa (NYSE:KOF) saw double-digit operating income growth in the last quarter of 2025 amid strong demand in Brazil and pricing benefits in Mexico. The stock has a P/E of about 15.4, much lower than the industry average of 17. It has a dividend yield of about 4%. The stock ranks 10th in our list of the top stocks in Bill Gates’ 2026 portfolio.

While we acknowledge the risk and potential of KOF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KOF and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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