Coke Disappointment May Create Opportunity
Coca Cola’s (KO) third quarter earning were a big disappointment to the market today. Shares of Coke dropped below their 52 week low today and ended the day at $41.16. If prices drop a bit more, there could be a real opportunity here to own a piece of a company with one of the most powerful brands in the world. If the price drops below $40, I will be doing some serious research on Coca Cola. Stay tuned.