Is Coca-Cola (KO) The Best Dividend Stock to Buy Amid AI Valuation Concerns?

We recently published Top 10 Non-AI Stocks Redditors are Buying Ahead of Potential Bubble Burst. Coca-Cola Co (NYSE:KO) is one of the top non-AI stocks Redditors are buying.

With over six decades of dividend growth, Coca-Cola Co (NYSE:KO) remains one of the best defensive stocks to buy ahead of a potential AI bubble burst, according to Redditors. The company recently beat Q3 estimates and maintained its full-year guidance. TD Cowen analyst Robert Moskow said the results showed the company can achieve growth with earnings flexibility.

COKE shares are up 25% so far this year. Over the past decade, the company recorded about a 13% CAGR in revenue and managed to power through various downturns and concerns due to its solid core business.

While we acknowledge the risk and potential of KO 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 KO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.