Speaking to Benzinga, Argus Research Analyst John Staszak said that a partnership between The Coca-Cola Co (NYSE: KO) and WhiteWave Foods Co (NYSE: WWAV) would be a good idea.
“A company like WhiteWave would benefit greatly from Coke’s strong distribution network,” he said.
Coca-Cola is part of the Consumer Staples Select Sect. SPDR (NYSE: XLP) ETF and the iShares S&P Global Consumer Staple (NYSE: KXI) ETF, both of which are trading more than 0.5 percent higher today.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights