Re:Five Biggest Stocks Are 23% of S&P 500 Market Cap
by unreal37 on Monday November 30, 2020 @10:14AM
(#25254546)
Coca-cola revenues have fallen 5% per year on average, for the past 5 years.
Of course, they're panicking over that. Of course they're trying to find growth. But they can't find it yet.
The fact is, they own so many brands in other beverage categories already. They own 500 beverage brands.
I mean could you have imagined 10, 20 years ago that Disney would start to gobble up other companies like some weird Shoggoth monstrosity and multiply its stock value by 5-6 times?