Don’t waste your time – keep track of how NFP affects the US dollar!

Thank you for visiting our website

The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?

Personal area

Facebook like

Coca-Cola: re-taking the all-time highs

Coca-Cola: re-taking the all-time highs

Updated

Coca-Cola releases its earnings report on Wednesday, 15:30 MT time.

The expected EPS differs among observers between $0.41 and $0.42, and the revenue forecast is $8.61bln.

Generally, Coca-Cola is a champion. It never failed on an ever-increasing dividend through the last half-century, it produces four out of five most popular soft drinks in the world, and it stays in the Top-5 chart of the US Super Bowl commercials. Yet, it suffered the hit of the virus. The abovementioned estimations take that hit into account. Nevertheless, most observers agree that this stock is a buy in the long-run, given the strong fundamentals it has to rise in normal circumstances – which are pretty much getting back to normal. In keeping with this, if Coca-Cola outperforms the expectations, it will definitely beat $51 and take the uptrend to its all-time high of $55. In the meantime, the current price of the stock may offer a very handy moment to enter the market.

Now, in case you didn't know, you can trade stocks with MT5.

COCA-COLADaily.png

Deposit with your local payment systems

Got questions? FBS Oceania Customer Support is ready to help!

Contact us via email at support@fbsaustralia.com

or

Start Live Chat