Coca-Cola Enterprises, Inc. (NYSE:CCE)
CAPS Rating:
The Company is the marketer, producer and distributor of bottle and can nonalcoholic beverages.
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The Company is the marketer, producer and distributor of bottle and can nonalcoholic beverages.
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Fool UK
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Good consumer staple and execution on business plan. Look for it to return to the lower 20's in price. Waiting for a weaker dollar...
good staple, yes. good execution, no. this management is unable to get anything right. they cannot get the productr where it's wanted when it's wanted. Mngmt. latest crusade is to cut any expense on personel. When you skimp on the people doing your business, you lose. The dollar is not gonna get much weaker, we led the world into recession, it is following, we will lead the world out of recession. Don't get me wrong, the dollar is not gonna get much stronger for a while, but other currencies will keep pace with the decline until the dollar leads the world ahead. Bottom line inflation will increase here from this point forward, but no faster than in any other country.