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1. Coca-Cola is a well-run business Coca-Cola is a consumer staples maker since it, technically, produces food. The many beverages it produces are effectively a luxury version of a basic necessity.

Coca-Cola (KO -1.06%) is an iconic business and even some of the most notable investors happily own the shares. That list famously includes Warren Buffett, the CEO of Berkshire Hathaway.