$57.27
-0.69 (-1.19%)
The Coca-Cola Company (KO)
CAPS Rating:
The Company is a manufacturer, distributor and marketer of nonalcoholic beverage concentrates and syrups in the world.
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Recs
Stock market goes up you drink coke. Stock market goes down you drink coke. Recession you drink coke.
This pitch could go on forever.
PS. Great emerging market play.
Excellence at an sensible price to earnings multiple in conjunction with expanding product lines and the highest profit margins of its competing perpetrators; "KO" intelligent buy--
Great point. Economic slowdown, recession, high oil prices, fire, flood, earthquake, tornado, tsunami, global warming, global cooling...you fill in the blank...nobody is going to give up their Coke or their Pepsi for that matter.
Haha, yes...Don't mention KO is also the biggest producer of juice and juice related products AND their products are already sold in more than 200 countries. (as you said, great emerging market play---North America comprises only 26.9% of Revenues)---Not a bad defensive play if you want to call it that...3.34% dividend too.