I suggest that if you want dividends and potential growth better than Coca Cola I suggest BOX. The BOC Group with a PE ratio of 13.7. Not only that, there are rumors and various articles that they could be taken over by Linde and the stock could appreciate by as much as 25%. There are so many better stocks to invest in than Coca Cola. I see Coca Cola at $30.00 per share to compete with the dozens of good companies like BOC.<EOM>
Actually BT, I like both HD and LOW. They dominate the sector and I beleive have it pretty well to themselves. I think market is still sufficiently large that they both can continue to grow. Heck, I got a little bit in both now. I dont care which grows fastest so long as they both grow faster than most.
I've been sitting, waiting and watching KO for a couple years now. It's getting real close to the buy in price, however, with the continued weakness, I think the stock might fall somewhere between another 5-10 points...not that I'm wishing any harm on anyone holding, I'm hoping for a good entry point. Long term, I don't think you can go wrong with this company. Great company, great brand, great distribution channles...they're just in a funk similar to HD a couple years ago...changes at the top, strategy is stagnent...all in due time. In the mean time the dividend helps soften the pain...and I can continue to hope for a lower price to buy in:-)