This is what you need to keep in the back of your mind as you compare Kraft Heinz (NASDAQ: KHC) to Coca-Cola (NYSE: KO). Both companies have seen stock declines over the past year, but one is facing much larger problems than the other.

Coca-Cola dominates the nonalcoholic segment with its well-known brand names. It's already a huge company and unlikely to blast off into the stratosphere. But the stock offers an attractive yield and looks reasonably valued.

RBC Capital Markets sustained their Outperform rating and $69.00 price target for Coca-Cola stock (NYSE: NYSE:KO), anticipating a strong fourth quarter of 2024. The firm predicts that Coca-Cola will likely surpass consensus expectations due to robust organic growth in both domestic and international markets.

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There's no doubt that most people on the face of the planet have heard of or been a customer of Coca-Cola (NYSE: KO). It's so popular that 1.9 billion servings of Coca-Cola products are consumed every 24 hours.