Coke Bubbles Up
The Coca-Cola Company is a global beverage company. It owns more than 500 nonalcoholic beverage brands, such as waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands, which includes Coca-Cola, Diet Coke, Fanta and Sprite.
[PostStockWidget stock_valuation="" pricetype="live" manual_date="Dec. 21, 2012, 2:04pm GMT" symbolcodes="'KO'" symbolprices="42" div_align="right"]
We bought KO in February of this year at $37.50. KO reached its target faster than we expected, but we don’t see much to get excited about so we will look for better opportunities elsewhere.
Note how the earnings forecasts have decreased since we initiated our buy alert in February.
New Purple Chips Valuation Range: Low $37.00, High $42.00
HIGH VALUATION IN COCA COLA AT $USD 41.90 (KO, $41.90) FULL POSITION
This trade including dividends delivered a TOTAL RETURN: +14%
