The Coca-Cola Company Message Board
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P/E: 21.42 keep buying...lol
Muppets...lol
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Great company, but lets face it, KO is WAY TOO EXPENSIVE.
ALL stocks in the XLP are overpriced.- 3 Replies to jaquecroissant
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nonsense.
Mighty KO traded in the mid nineties nearly 15 years ago when it was 50% smaller in revenues.
i think we're seeing a super bull cycle which will take this to $100. What are you going to do, sell and buy a bunch of tech junk?
no thanks. -
BearPundit agrees with you:
http://bearpundit.com/2012/08/07/overpriced-great-dividend-stocks-are-still-overpriced/ -
I see some over bought situations temporarily, but, then, there are people that just need to park their money
on a blue chip and get a dividend and sleep at night. So, this one is really buy on dips and keep on waiting for
the uptrends to kick in.
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I totally agree with you. All these consumer staples stock are highly overvalued.
I say short XLP now. Fear trade is OVER.- 1 Reply to jaquecroissant
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The correct answer is, keep holding. How many times have I thought about selling this since I bought it in '84?? Too many! Sure, take some profit off the table and get back in at a lower price, blah, blah, blah. But it kept on splitting and paying dividends, so I've been rewarded for holding a piece of the world's addiction to sugar water. If I've got the cash on hand when it dips, I've added to my position, but sell? Why??
Maybe when I hit 90 and I need to pay a hot young nurse to wipe me........
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