Coca-Cola Delivering Refreshing Returns
The Coca-Cola Company (NYSE: KO ) - The beverage company was one of our Top Stocks for December , and it has not been a disappointment.
A powerful breakout in March, following the "deep V" market bottom, drove KO to new highs in April. Last week, it broke from a triangle and appears to be well on its way to achieving a technical target in the high $70s.
S&P has a "five-star strong buy" rating on KO, and Wells Fargo just started coverage of the stock with an "outperform" rating. And Credit Suisse recently raised its 12-month target to $95 from $80.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
