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5 pts

Opinion on  The CocaCola Company (KO)     Sector: Consumer/Non-Cyclical  >  Industry: Beverages (Non-Alcoholic)
KO

Oct 16, 2008 12:03 AM GMT
11235
Return Risk
+0.86% MID
Sr. Associate

People are buying buying this stock because of increased sales, not noting that it was due to currency exchanges...

If the dollar is appreciating, that eats away at lower Q2Q profits, and translates to lower international sales growth. 

Sell.


KO:  This call was made on 10/16/08 @ $44.8
Rating:   Negative   $44.8 (10/16/08)
Closed:   10/18/2008 @ $45.09 (-0.65% in 2 days)
Target:   $35.00 (-21.87%) in Three months


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