$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.
The Company is a manufacturer, distributor and marketer of nonalcoholic beverage concentrates and syrups in the world.
Recs
I'm looking past the one time impairment charge of 40 cents a share, and instead looking at the fact that they beat the analyst consensus estimate of 96 cents per share by 5 cents. I think that with a weaker dollar, and their growth abroad (they had growth of 5% in case volume internationally), Coca-Cola will only outperform the market.Plus everything is undervalued right now. I mean, how would you value the coke brand? It transcends language.
I don't agree that everything is undervalued but I do like KO's new CEO.