Thu, May 23, 2013, 9:39 PM EDT - U.S. Markets closed
The P/E is over 21 and growth is only 7 percent. Coca-Cola is a great company but not a good buy at these prices with a major bear market on the horizon. Price target 50 to 55 in the next 18 months.This is great time to short stocks with earnings about to plunge and a epic bear market to ravage the bulls.
It should be richly valued as the sell products in every part of the world. The poorest countries have their products.
50 - $55 sounds about right in 18 months after the stock split!!