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Coca-Cola (KO) surpassed fourth quarter estimates, driven by higher prices and steady demand. The company expects 5-6% organic revenue growth for the year, as shares are up nearly 4% pre-market for the stock.

Despite challenges in the soft drink market, including shifting consumer preferences for sugar-free options, Coca-Cola remains well-positioned. Analysts highlight Coca-Cola as one of the safest picks in a tough consumer staples sector.

Watch the video above to hear Morning Brief hosts Brad Smith and Seana Smith share more on Coca-Cola’s latest report.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Josh Lynch