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 potential of KO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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