Coca-Cola is a beverage company. Co. owns or licenses and markets nonalcoholic beverage brands, primarily sparkling beverages and a range of still beverages such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. Co.'s primary nonalcoholic sparkling beverage brands include Coca-Cola, Diet Coke, Fanta, and Sprite. Co. markets, manufactures and sells beverage concentrates and syrups, including fountain syrups, and finished sparkling and still beverages. Co. also distributes certain Monster brands, primarily Monster Energy beverages, and certain Dr Pepper Snapple Group, Inc. brands, in certain territories in the U.S. and Canada.
When the going gets tough, traders tend to move into quality names likely to weather any market storm. This is a tried-and-true principle of investing, and it's actually more common sense than simply investing sense. Monday's crazy day in the financial markets reminded all of us that equity and commodity markets can undergo very heavy selling in a very short amount of time.
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