mattlowden
Long

$KO Breaking Above Weekly TL & Promising Financials

NYSE:KO   COCA-COLA COMPANY (THE)
18 0 0
NYSE: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; https://finance.yahoo.com/q/is?s=KO+Income+Statement&annual.

NYSE: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 NYSE: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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