Latest news with #Coca‑Cola
Hypebeast
20-05-2025
- Entertainment
- Hypebeast
Sprite Blends Lemon-Lime and Tea for New Limited Edition Release
Summary Spriteis shaking up summer with its latest limited-time-only drink: Sprite + Tea. Hitting shelves today across the U.S. and Canada, the new offering blends Sprite's crisp lemon-lime flavor with the smooth taste of tea. Available in both regular and zero-sugar varieties, Sprite + Tea will remain on sale through October. Inspired by a viral social trend of fans steeping tea bags in Sprite, the beverage evolved from an intern-led project into a full-scale launch backed by Coca‑Cola's R&D team. Consumer testing helped fine-tune the amber-hued sparkling drink for a balanced, refreshing taste. 'We're always listening to our consumers,' said Kate Schaufelberger, Brand Director of Sprite North America. 'Sprite + Tea offers a unique take on a classic, and fans are going to love it.' To promote the launch, Sprite partnered withEastside Golf, a brand known for blending golf with hip-hop and basketball culture. The campaign includes a short film,The Fix, featuringEastsidefounders Olajuwon Ajanaku and Earl Cooper alongside rapper Monaleo. Packaging sports green, gold and amber accents, and fans can scan Sprite cans for exclusive content and perks. See the short film for yourself below.
Yahoo
24-03-2025
- Automotive
- Yahoo
Warren Buffett's $24B Coca-Cola Bet Still Pays Off—Stock Nears Record High As 'Big Money Managers Scoop Up Shares'
In a market environment that's anything but calm, both individual investors and mutual fund managers are rethinking their strategies. Growth stocks are proving elusive, so many are turning to defensive names—a tactic long embraced by Warren Buffett. Investor's Business Daily's "Stocks That Funds Are Buying" screener recently highlighted 14 stocks that fit the bill. Among these, Coca‑Cola (NYSE:KO) and O'Reilly Automotive (NYSE:ORLY) are getting a lot of attention. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Hasbro, MGM, and Skechers trust this AI marketing firm — . Coca‑Cola has managed to stand out even as major indexes have been slipping and market volatility has increased. According to Alpha Spread, over the past 12 months, Coca-Cola has outperformed the S&P 500, delivering a 19% return compared to the index's 9% growth. This strong performance highlights Coca-Cola's resilience and continued investor confidence. The stock's weekly performance has placed it solidly in a buy zone, with critical entry levels around $71.77 and 72.65. Coca‑Cola's momentum has been strong since late January, and recent fourth‑quarter earnings estimates exceeded expectations, according to The Motley Fool. Forecasts indicate earnings could grow by 3% to 4% in 2025. Notably, Simply Wall Street reports institutional investors hold approximately 65% of Coca-Cola's shares, highlighting strong confidence from major investment firms. A steady dividend yield of 2.8% only adds to the stock's appeal. Trending: This platform is reshaping how you invest in private companies — O'Reilly Automotive (NASDAQ:ORLY) is also turning heads. As consumers increasingly choose to maintain and repair their current vehicles over buying new ones in uncertain times, demand for auto parts has remained steady. Its share price has been creeping above a flat‑base buy zone, even hitting levels of $1,348.16. Despite some fluctuations following a mixed fourth‑quarter report in February, the stock has accumulated over a 13% gain year‑to‑date, as reported by Macrotrends. The company's fundamentals—reflected in an earnings stability factor of 7, an accumulation/distribution rating of B–, and a 1.2 up/down volume ratio—indicate a solid position. Recent data from Investors Business Daily shows that its relative strength rating has risen into the 90s, reinforcing its defensive the midst of this shift, big money managers scoop up shares, reinforcing a trend toward safer investments. Data from MarketWatch reveal that just 36% of actively managed U.S. large‑cap mutual funds outperformed their benchmarks in 2024. This underperformance has nudged managers to lean into stocks that promise steady returns. Not everyone sees the picture the same way. Some market strategists believe that high‑quality growth stocks still carry long‑term potential if market sentiment shifts. According to Washington Crossing Advisors, high-quality companies generally fare better in a difficult economic environment because they possess good balance sheets and sound earnings. Read Next: It's no wonder Jeff Bezos holds over $250 million in art — Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? COCA-COLA (KO): Free Stock Analysis Report O'REILLY AUTOMOTIVE (ORLY): Free Stock Analysis Report This article Warren Buffett's $24B Coca-Cola Bet Still Pays Off—Stock Nears Record High As 'Big Money Managers Scoop Up Shares' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
