The Coca-Cola Company (NYSE:KO) will release earnings results for the second quarter, before the opening bell on Tuesday, July 22. Analysts expect the beverage company to report quarterly earnings of 84 cents per share,

Coca-Cola ( KO -0.20%) is an iconic consumer staples giant. The stock has long been a holding in Warren Buffett-run Berkshire Hathaway 's ( BRK.A -0.63%) ( BRK.B -1.30%) stock portfolio, which is a huge vote of confidence in the business.

The beverage maker reported mixed quarterly results, but nudged up its annual adjusted earnings outlook. The company said it will roll out a [cane-sugar Coke option](

Coca-Cola's iconic brand power hasn't translated into strong investment returns. Click here to read what makes KO stock a Sell.

The most-chosen retail brand has worked its way through one stock dividend and 10 forward splits, and turned a $40 initial investment into more than $639,000!

KO stock is trading at 5.5x sales compared to the last five-year average of 6.8x, and we believe investors will likely be better off picking Coca-Cola for robust gains in the long run.

Coca-Cola blends stability and emerging market growth with strong earnings, cash flow, and dividend support for long-term investors. Learn why KO stock is a buy.

Coca-Cola is one of the most recognized brands in the world. Coca-Cola's business is well-run and performing relatively strongly right now. Investors are well aware of Coca-Cola's strengths, which makes this consumer staples peer more attractive.

Coca-Cola stock (NYSE: KO), which currently trades close to $56 per share, seems to be a decent investment option at the moment. The stock is still 1% below the levels seen at the beginning of 2020.

The Coca-Cola Company (NYSE:KO) is included among the 11 Best Halal Dividend Stocks to Buy Now. The Coca-Cola Company (NYSE:KO) has been in business for more than 100 years, and its long-standing presence and global reach are part of why it’s among Warren Buffett’s top picks.