The Stock Market Is Historically Pricey: Here's 1 Reason You Can Trust Coca-Cola to Deliver

Coca-Cola (NYSE: KO) is one of the largest consumer staples companies on the planet. It has an iconic name, which it shares with its top product. If you are worried about the lofty level of the S&P 500 index (SNPINDEX: ^GSPC) today, Coca-Cola's valuation is actually rather attractive. But the real reason for you to trust this company can deliver is actually more fundamental.The big reason to expect Coca-Cola to produce reliable results in the future is, largely, because it has produced reliable results historically. After all, this Dividend King didn't build its over five-decade-long record of annual dividend increases by accident. Simply put, it has the marketing, distribution, and innovation chops to compete head to head with any competitor. But that's all sitting on the foundation. Coca-Cola basically sells expensive water, which is a life necessity.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool