I like where DPS sits
Looking at my retirement stock (DPS) today at $36.59 and I see a potential big gain next year (possibly).
One has to assume that a recent analyst is correct to place DPS's EPS next year at $2.80.
Then you place a 16 times earnings against it (DPS trades at 17 times earnings as of last week Friday's closing price of $36.59).
Then you take 16 times $2.80 and you get over $44 a share.
That's almost $7.50 worth of gains next year along with a 2.7% Dividend Yield along with
Dr. Pepper's 2nd $1 Billion Share Buyback program (they just wrapped up their first $1 Billion portion of their share buyback).
So not bad for just holding onto my shares till retirement? hmm... Buy GOLD? Nahhhh...
P.S. There is also potentially hidden Midterm Election Positive News recently mentioned on Yahoo Finance.... In case you missed the article... That positive news is that there is a state, I believe Colorado, that is going to vote whether or not to eliminate the Soda/Water Beverage tax.... It is trending in favor of repealing the tax. That will boost sales in that area starting next year.
So...A lot to look forward to if you are a Beverage Stock investor.