Its leading brands are Coca-Cola, Diet Coke, Sprite, Schweppes, Dasani, Powerade, BodyArmor, Gold Peak, Fanta, Fresca, and Minute Maid. The company also owns many regional brands.
Besides good performance during a period of high inflation, Coca-Cola is a long-time dividend stock. It has paid one since 1920 and has increased it for more than 60 consecutive years.
The company is now positioning itself as a hybrid cloud and artificial intelligence (AI) player. The new IBM is primarily focusing on software and consulting.
Chevron is involved in oil and gas exploration, production, and transportation. The company refines oil into gas, chemicals, and other products and sells them.