Coca-Cola: Low-Risk Defensive Play That Rivals Even The Hottest Areas Of The Market

Coca-Cola delivered superior risk-adjusted YTD returns even versus the high-flying semiconductors sector. The stock is priced at a premium to almost all of its competitors within the expanded peer group, but there is a good reason for that. While expected returns might not be as exciting as they were a few years ago, KO remains a good defensive play.

The iShares Semiconductor ETF ( SOXX ) delivered an impressive year-to-date total return of almost 55%, which is unprecedented even for one of the hottest sectors right now. So why start with the performance of semiconductors' stocks