Coca-Cola Company (KO)

They report next week. He expects them to deliver on recent cost cuts.

Problem he has is that the growth isn't there. His goal is to buy companies that do better than the S&P 500 over the long term, and KO doesn't fit the bill. Great business, especially in EMs, now asset light. 

A long-term hold. If you get a profit on this, take some off the table. He likes it.

We feel that the consumer staples space is trading at attractive valuations, and for the time being, much of the reason for the decline (ozempic fears), is likely overblown. KO pays a dividend of 3.3% which is slightly above its 20-year average of 3%. Relative to its 20-year historical average valuations, its forward P/E is in line with historical averages, while its EV/EBITDA and forward price to sales are both slightly above historical averages. For an investor with a long-term time horizon, we would be quite comfortable with KO today.
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It's been oversold, triggered by this anti-sugar talk driven by the anti-obesity drugs. He expects good earnings from Coke.

KO is now trading at 19.4x times' Forward P/E. KO is a mature consumer staples company and KO used to be a “bond proxy” for income investors due to the stability of its business, the capital-light nature of beverages and its high dividend yield. KO’s share price was quite resilient last year. However, due to the new expectation that rates may stay higher for longer, most consumer staples names have experienced pressure in recently, as bonds become a safer alternative for yield. KO is largely mature, revenue growth going forward is expected to be around 5%. Having said that, valuation is at a more attractive level now, currently trading at 19.4x Forward P/E, while historical averages in the last few years range from 19.3x to 26.1x. It is not a huge buy yet, but we would be OK to slowly start buying, for those with a decent time frame. 
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A good company, an iconic brand, pays a good dividend and offers growth. It has diversified away from soft drinks in the last decade. Doesn't own it, because he prefers Pepsi for its exposure to salty snacks.

She used to own Coke and likes it a lot for being an international play, with 80% of revenues overseas. The PE of this and Pepsi are high though.

Down 11% since last month, but given the current hype for tech stocks, he looked in the other direction which is Coke. Pays more than a 3% dividend which they raise by 4-5% yearly consistently. Amazing free cash flow, though the PE is a little high. Would add on weakness.

Both good. He prefers PEP, as it's become more snack and less beverage.