Is Coca-Cola at a Bargain Price?

Filed under: Coca-Cola (KO), Stocks to Buy

The shares of Coca-Cola (KO), first discussed here on February 20, 2009, at a price of $42.68, have misbehaved in the last three months, falling from $55 to about $51, but the calculation is to stick with the trade. Here's why:

Look for Coca-Cola to post 5% to 7% revenue growth in 2010, propelled higher by international sales, and strong growth in non-carbonated beverages. Efficiency improvements, moderating commodity costs, and quicker-recovering emerging markets round out the story of Coke surviving yet another recession, and then some.

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Is Coca-Cola at a Bargain Price? originally appeared on BloggingStocks on Fri, 09 Jul 2010 15:00:00 EST. Please see our terms for use of feeds.

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Coca-Cola - BloggingStocks - Coca-Cola Company - Business - Soft drink

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