The company’s portfolio features 20 billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, it is the number one provider of sparkling beverages, ready-to-drink coffees and juices and juice drinks.
Through the world’s largest beverage distribution system, consumers in more than 200 countries enjoy Coca-Cola beverages at a rate of more than 1.9 billion servings a day. Also remember that the company also owns 16.7% of Monster Beverage, which continues to deliver big numbers.
Shareholders receive a 3.04% dividend. The BofA Securities price target for Coca-Cola stock is $74, while the consensus target is $68.64. Shares ended last week at $60.02.
Comcast
This top media and entertainment company remains a Wall Street favorite and is also a member of the BofA Securities US 1 1 list of top stock picks. Comcast Corp. (NASDAQ: CMCSA) is the largest U.S. provider of cable services, with over 22 million basic and nearly 27 million broadband subscribers. Through its acquisition of Sky, Comcast now has direct customer relationships with 53 million subscribers.
Comcast now also has a foothold in the European market (Germany, Italy and the United Kingdom) in addition to its U.S. operations. Comcast owns NBCU, which includes the NBC TV networks, Telemundo, MSNBC, USA, SyFy, Bravo, E!, CNBC, Universal Films and Universal Theme Parks.
Comcast has invested in technology to build an advanced network that delivers among the fastest broadband speeds and brings customers personalized video, communications and home management offerings.
Comcast comes with a 3.23% dividend. The TD Securities target price of $56 is well above the $44.40 consensus target and Friday’s close at $36.03.
Dominion Energy
Many of the Wall Street firms that we cover are still very positive on utilities, and this company is highly rated. Dominion Energy Inc. (NYSE: D) is an American power and energy company that operates through the following four segments:
- The Dominion Energy Virginia segment generates, transmits and distributes regulated electricity to residential, commercial, industrial and governmental customers in Virginia and North Carolina.
- The Gas Distribution segment engages in the regulated natural gas gathering, transportation, distribution and sales activities, as well as distributes nonregulated renewable natural gas. This segment serves residential, commercial and industrial customers.
- The Dominion Energy South Carolina segment generates, transmits and distributes electricity and natural gas to residential, commercial and industrial customers in South Carolina.
- And the Contracted Assets segment is involved in the energy marketing and price risk activities.
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