
The Coca-Cola Company reported strong first-quarter results with 12% year-over-year revenue growth, driven by strong performance in North America. Despite raising its earnings per share (EPS) guidance to 8%-9%, the company maintained a conservative full-year revenue growth forecast of 4%-5%. Insider selling and a high forward price-to-earnings ratio of 24.73 raise concerns about the stock being overvalued. As a result, the analyst reiterates a Sell rating on Coca-Cola shares, citing premium valuation and a modest growth outlook despite operational improvements.