KO is providing a very nice dip and consolidation to start to add or average down on some shares of $KO. A great value company currently at a discount that provides a great dividend. Not a bad idea to look into them as a stock to add to a long term portfolio. I added some shares in this consolidation as well. Earnings are coming up very soon so if you want to wait to be sure they are good and don't report anything that might impact the stock in the coming months please do. But I think this is a great opportunity to start building a position and acquire those sick dividends.
Kommentera:
Been in KO for a while now. Added in on the consolidation and now its been popping higher. Still holding since its a solid stock and dividend payer. Think it continues up to $54. Just watch out might be forming a cup and handle so we could see a pullback for the handle then move higher.
Kommentera:
If anyone took this idea you are very green and should consider scaling out of options / shares if you want to secure your profits. I am in shares for the long term so im just holding but great play.