Almost half of Coca-Cola's pre-pandemic revenue came from selling products at sporting events, movie theaters, restaurants, concerts and other social events, and the pandemic and restrictions have dealt a huge blow to Coca Cola. There was a slight improvement in the third quarter as restrictions were eased in many places and the situation began to recover. However, in the 4th quarter, bans were again introduced.
Taking into account the decrease in the incidence, mass vaccinations, in the second quarter of 2021 all public places will be open, and the deferred demand for the company's products throughout the year.
I believe Coca-Cola is a solid company with an above average dividend yield covered. The fair value, which after the removal of all restrictions, will be $ 60 by the end of the year.
Investment idea buy 48 and 45 sell 60.
Medium term buying 48 dollars selling 51 and 54
Taking into account the decrease in the incidence, mass vaccinations, in the second quarter of 2021 all public places will be open, and the deferred demand for the company's products throughout the year.
I believe Coca-Cola is a solid company with an above average dividend yield covered. The fair value, which after the removal of all restrictions, will be $ 60 by the end of the year.
Investment idea buy 48 and 45 sell 60.
Medium term buying 48 dollars selling 51 and 54
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