KO is a stock that you simply hold in your port and never look at. I have it set up in the DRIP program they offer. I can`t begin to tell you through good and bad times how well KO has preformed. This is my second stock split. For those who are new to KO or worried, DON~T BE!!
This stock will continue to grow and prosper....
I wish all the posts on Yahoo were as informative, warm and interesting as these posts.
It's a shame what you'll read on other stock boards.
Just bought my first 1000 shares of KO.
Always wanted to own some.
I've held KO for 124 years and 18 stock splits. I plan to hold it for another 240 years then I might take some profits. Seriously, hold KO like MO, PM, KFT and McD and just watch it grow with dividend reinvestment. A thing of beauty!
Held ko same for over 20 years...retired from coke with 30 years...their was never any stopping their growth...this company continues to evaluate their position world wide and makes the necessary adjustments to move forward... 3 years from now ko will be in the 60's
Worked for Coke before Roberto C. Goizueta, died and the stock topped $85/share. It split 3 times when Goizueta was running Coke. Dropped like a rock when he died and the shares that just split are the same ones that sold for $85 in July of 1998. KO is a great company but it isn't magic. Stock price is directly linked to consumer sentiment (emotion).
Those of us that held shares in 1998 have waited for 14 years to get close to those valuations.
Not braging but to reinterate, bought in 05' for 41 and change, thoght it would never get thru 50, finely, after the split,sold half for 39 and change, and sold Jan calls on the rest. As i said befor it is not "always time for Coke". Best wishes to you who are still holding, as for me I'm leaving consumer goods for a while..
I can't speak for KO's future but I am also in the same boat. Purchased KO at three times over past 23 years. 1989, 1995, and in 2010. DRIP in between. Stock price in the 2000s languished and the DRIP being in place helped with the lower prices. KO at $60 seems way overpriced. Continue to believe that it is a must for long term dividend players.