KO has broken above a weekly TL & is above it's pre-China crisis stock price (which is more than can be said for many stocks). It's also consistently increased it's annual revenue, as can be seen here; finance.yahoo.com/q/is?s=KO+Income+Statement&annual. KO obviously has buyer interest and I will be adding to my previous position of $38.5, over the next few days. As with all of my trades, this is a longer term trade (Several years) and I have no immediate plan as far as taking profit goes.As a bonus
KO has a dividend yield %3.14, which I feel makes it a good position for both yield & growth.As a personal note, it's not as if Coca Cola won't be here in a few years, so I feel quite happy stocking up at levels :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.