Speaking to Benzinga, Argus Research Analyst John Staszak said that a partnership between The Coca-Cola Co KO and WhiteWave Foods Co 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 XLP ETF and the iShares S&P Global Consumer Staple KXI ETF, both of which are trading more than 0.5 percent higher today.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Posted In: NewsM&AExclusivesAnalyst RatingsTrading IdeasArgus ResearchCoca-colaconsumer staplesJohn StaszakWhiteWave Foods Company
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