47.08 +0.02 (0.04%)
Pre-Market: 6:56AM EST
|Bid||46.95 x 4000|
|Ask||47.14 x 3200|
|Day's Range||46.88 - 47.14|
|52 Week Range||41.45 - 50.84|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||71.52|
|Forward Dividend & Yield||1.56 (3.31%)|
|1y Target Est||N/A|
Because their competitors are NFL sponsors, some giant Atlanta companies will just have to enjoy the Super Bowl festivities on the outside looking in.
As carbonated drinks from (KO) (KO) and (PEP)(PEP) lost favor with millennials, Monster filled the void with jolts of caffeine. Descended from a family business that sold fresh juice in Los Angeles in the 1930s, Monster’s stock has outperformedCoke, Pepsi and the S&P 500 since the company de-emphasized its juice and soda businesses in mid-2015. Monster’s shares have fallen roughly 16% over the last year, and the stock, up about 10% in 2019, is around mid-2016 levels after closing Wednesday just below $54.
Shares of the FTSE 100 company fell in morning trading as investors shrugged off a 2.4 percent increase in quarterly sales and focussed on the cautious outlook. The owner of the Premier Inn chain said it expected annual results to be in line with expectations in the current financial year that runs until around the start of March but added that there would be no progress in underlying profit before tax in 2019-20. Whitbread this month completed the sale of Costa to Coca-Cola Co (KO.N) for 3.9 billion pounds.
Whitbread Plc warned that profit would not grow in 2019-20 as the British hotel owner, which has just sold its Costa coffee chain, faces an uncertain economic outlook. The owner of the Premier Inn chain said it expected annual results to be in line with expectations in the current financial year that runs until around the start of March but added that there would be no progress in underlying profit before tax in 2019-20. Whitbread this month completed the sale of Costa to Coca-Cola Co for 3.9 billion pounds.
British hotel owner Whitbread Plc on Thursday reported a 2.4 percent increase in third-quarter sales and expects 2019 results to be in-line with expectations, driven by new room additions at its Premier ...
Coca-Cola has added a pair of new flavors to its Diet Coke offerings —one year after launching a "brand rejuvenation" for the zero-calorie soda line.
The financial markets had a turbulent and volatile 2018, with many storylines and themes changing multiple times over the course of the year. But one financial market theme that remained constant through the volatility was a strong dollar. The U.S. Dollar Index, which measures the strength of the U.S. dollar against a basket of foreign currencies, bottomed around 90 in early 2018 during global financial market turmoil. Over the rest of the year, the U.S. Dollar Index steadily gained towards the upper 90's, even amid the big selloff in late 2018. This trend has changed course over the past month. Specifically, the U.S. Dollar Index peaked around 98 in mid-December, and has since consistently fallen towards 95, its lowest level since October. Why? There's renewed optimism regarding a trade war resolution, and hope that while the global economy is slowing, it's not slowing as much as feared. Also, the Fed has grown increasingly dovish over the past few weeks, signalling fewer rate hikes than previously anticipated. InvestorPlace - Stock Market News, Stock Advice & Trading Tips But a weaker dollar is good news for some companies, such as multinationals with significant overseas sales exposure and foreign stocks with mitigated sales exposure to the U.S. Many of these stocks were hampered by a strong dollar in 2018. But, if the dollar continues to weaken in 2019, these stocks could have room to run higher as a major headwind is removed from the equation. * 10 Growth Stocks With the Future Written All Over Them With this in mind, let's take a look at seven stocks to buy as the U.S. dollar weakens. ### Stocks to Buy as the Dollar Weakens: McDonald's (MCD) Source: Shutterstock At the top of the list is McDonald's (NYSE:MCD), the multinational food giant which not only gets a majority of its revenue and profits from international markets, but whose international operations are also more profitable and growing faster. Therefore, as the dollar weakens and those businesses start to earn more in term of U.S. dollars, MCD stock should benefit. Last year, roughly 65% of the company's total revenues and nearly 60% of total operating profits came from outside of the U.S. Moreover, comparable sales growth in the U.S. was just 3.6% last year, versus 5% and up overseas. Also, U.S. company operated margins hovered around 16% in 2017. International company operated margins were north of 17%. Overall, as goes the international business, so goes McDonald's. Thus, as the international business becomes increasingly valuable against a weakening dollar, MCD stock should naturally rise. ### Stocks to Buy as the Dollar Weakens: Alibaba (BABA) Source: Shutterstock The plunge in Chinese stocks started in early 2018, when the U.S. dollar strengthened significantly against the Chinese yuan. That strengthening diluted the value of U.S. listed Chinese stocks, and that dilution -- on top of concerns regarding weakening growth -- caused all Chinese stocks to drop in a big way. That included shares of Chinese internet giant Alibaba (NYSE:BABA). But the fundamentals underlying Alibaba remain very strong. This is still the premiere e-commerce and cloud company in a 6%-plus growth economy supported by healthy demographic trends. Despite those tailwinds, the stock now trades at a rather anemic sub-30x forward multiple (revenues grew by over 50% last quarter). * 7 Oversold Small-Cap Stocks With Massive Profit Growth All this stock needs to explode higher is a few good catalysts. One such catalyst is a weakening dollar. The other is positive progress on U.S.-China trade talks. Those two are tied together, and both are starting to move in favor of Alibaba. As such, now seems like as good a time as any for a big BABA stock around. ### Stocks to Buy as the Dollar Weakens: Baidu (BIDU) Source: Shutterstock Another Chinese stock that plunged with a strengthening U.S. dollar but is now set to rebound as the dollar weakens is Baidu (NASDAQ:BIDU). For those who are unaware, Baidu is the company behind China's leading search engine, and as such, is often called the Google (NASDAQ:GOOG) of China. As the Google of China, Baidu has established itself as the backbone of China's burgeoning internet economy. There have been some hiccups in the road, but the company has always successfully navigated around them and -- much like Google- - Baidu has found itself as a largely consistent 20%-plus revenue grower. At current levels, BIDU stock is pretty cheap with a mere 15x forward multiple. Google trades at over 20x forward earnings, and Google is growing revenues at a slower clip than Baidu. Thus, the 15x forward multiple on BIDU stock doesn't make much sense and should ultimately be corrected with a few positive catalysts. One such positive catalyst will be the weakening of the U.S. dollar. If dollar weakness persists and U.S.-China trade talks continue to make progress towards a resolution, BIDU stock could be in store for a major rally from multi-year lows. ### Stocks to Buy as the Dollar Weakens: Coca Cola (KO) Source: Coca-Cola One multinational giant that is set to benefit in a sizable way from U.S. dollar weakness is Coca Cola (NYSE:KO). Much like McDonald's, most of Coca-Cola's revenues, profits, and growth come from international markets. Specifically, last year, only ~25% of the company's revenues came from North America. Presumably, most of that was from the United States. Still, at most, the U.S. represented just about 20% of Coca-Cola's total revenues in 2017. Roughly a third of operating profits came from North America, so maybe about 25% came from the U.S. Meanwhile, volume growth in North America was flat, while it was positive in some other international geographies. * Top 10 Global Stock Ideas for 2019 From RBC Capital Broadly speaking, then, the KO growth story is one led and driven by international growth. As the dollar weakens, that international growth becomes more valuable in terms of U.S. dollars, and the entire KO growth story becomes more valuable, too. As such, dollar weakness should lead to a KO stock rally. ### Stocks to Buy as the Dollar Weakens: Netflix (NFLX) Source: Shutterstock Although this stock is often viewed as being in a different category than McDonald's and Coca Cola, streaming giant Netflix (NASDAQ:NFLX) actually shares a few prominent parallels with the aforementioned consumer staples giants. Namely, all three are international driven growth stories that benefit from a weaker dollar. Netflix is still growing by leaps and bounds in the U.S. But, the majority of the growth is happening outside of the U.S. Last quarter, the U.S. streaming business grew revenues by 25% with just over 1 million net ads. In contrast, the international streaming business grew revenues by nearly 50% with almost 6 million net ads. Also, when investors and analysts talk about how big Netflix can be, those discussions almost entirely revolve around the international market, since the consensus belief is that the U.S. market is nearing saturation. Overall, Netflix is a multinational giant with an international driven growth story. As such, this company and stock are winners when the dollar weakens. ### Stocks to Buy as the Dollar Weakens: Tesla (TSLA) Source: Tesla When talking about growth giants with international driven growth stories, streaming giant Netflix and electric vehicle pioneer Tesla (NASDAQ:TSLA) fall into the same boat. Tesla had a breakthrough back half of 2018 as the company achieved a sizable profit for the first time in several years -- and did so while accelerating Model 3 production and delivery to mainstream levels. But all those positive developments happened almost entirely on the domestic front. The Model 3 has yet to really scratch the surface internationally. * 5 Fallen-Angel Stocks That Have Been Oversold That will change in 2019. One of Tesla's biggest focus is producing and delivering Model 3 vehicles all around the world this year. As the company does this, the TSLA growth narrative will become increasingly internationally driven. The more internationally driven this growth narrative becomes, the more a weak dollar will help TSLA stock. ### Stocks to Buy as the Dollar Weakens: Weibo (WB) Source: Shutterstock Back to the list of Chinese stocks to buy before they benefit from a weaker dollar. There is a lesser known but just as compelling Chinese stock: social-media giant Weibo (NASDAQ:WB). Many investors and analysts like to call Weibo the Twitter (NYSE:TWTR) of China, given overlaps in the companies' core social media platforms. Those comparisons make sense. But, Weibo is much bigger (nearly 450 million monthly active users versus under 330 million at Twitter). Weibo is also growing more quickly (44% revenue growth last quarter, versus 29% at Twitter), and is more profitable (42% adjusted EBITDA margins last quarter, versus 39% at Twitter). Despite Weibo being bigger, faster growing, and more profitable, Twitter stock is deemed more valuable and expensive by the market. Weibo has a $12 billion market cap. Twitter is valued at essentially twice that. Weibo stock trades at 17 forward earnings. Twitter's forward multiple is above 35. Overall, Weibo stock is just way too cheap to ignore here. And all it will take for a rip-your-face-off rally is a few positive catalysts. A weakening U.S. dollar is one. Positive trade talks is another. Stabilizing economic growth in China is a third. If all those boxes get checked off, this stock could soar in a big way. As of this writing, Luke Lango was long BIDU, GOOG, NFLX, TSLA, WB, and TWTR. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post 7 Stocks to Buy as the Dollar Weakens appeared first on InvestorPlace.
If this were 2011, 2013, 2015 or even 2017, the rise of New Age Beverages (NASDAQ:NBEV) would stand on its own as an outstanding investment opportunity. But it's 2019, and with the big bull market over, a company that makes coconut watermelon sodas, cold brew coffee, kombucha and tea looks a lot more speculative … … Especially when you throw marijuana into the mix, which helped NBEV stock surge roughly 350% since mid-September. Still, NBEV stock has been on a tear recently, even while the rest of the market was running from the bears. Since the Christmas Eve market massacre (which some analysts now call the bear market bottom) shares in NBEV are up 47%, and opened Tuesday at $7.45 per share, with another speculative run expected. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Is it really time to pay 10 times revenue for a company that makes niche drinks? ### It's a New Age New Age Beverages' management is led by Brent Willis, who has run private equity-based companies for many years and knows his way around a deal. Deals are what a fast-growing company like New Age are all about, like a distribution agreement for Sunshine Beverages, which makes what it calls "good energy" drinks using ingredients like Clementine oranges, ginger and blueberries. * 8 Dividend Stocks With Growth on the Horizon The biggest deal for New Age, however, came in December, when it bought Morinda Holdings of Utah for $85 million; $75 million of it in cash. Morinda uses multi-level marketing to get its product into consumers' hands, which includes its Tahitian noni juice products. Noni juice, derived from a tree native to Southeast Asia, is said to have wide-ranging health benefits and has been re-engineered by Morinda to improve the taste. Before the deal, Morinda was claiming sales of $500 million but wasn't sharing its figures publicly. New Age had revenues of $52 million in 2017 and was on pace to only match that in 2018. With Morinda, New Age now claims it will have a run rate of $300 million in sales during 2019, with operations in over 60 countries. Then there's marijuana. Pot helped fuel New Age's gains in 2018, as it prepared to sell water with cannabidiol (CBD) added to it, which, thanks to the passage of the farm bill, could be on store shelves near you soon. ### The New Age Hype What NBEV stock bulls harp on is the company's revenue growth and gross profits. For the first nine months of 2018, New Age had revenues of $38 million, and gross profits of about $7 million. Growing to $300 million would be massive, and the company claims the Morinda deal will provide $10 million in cost and revenue synergies. The hype train claims you already have a $300 million company, preparing to enter a marijuana market where companies often trade for over five times revenue, and how can you lose? Well, you can. Morinda's health claims may not be all they appear to be, especially if they're using multi-level marketing. New Age Beverages existing lineup is extremely niche (grapefruit-sage kombucha?). And the idea of putting CBD into sodas sounds, at minimum, speculative, considering the unregulated nature of the CBD industry. As for health benefits, the only actual, FDA-approved treatment, Epidiolex, is for epilepsy, which GW Pharmaceuticals (NASDAQ:GWPH) owns. Any other claim is speculative at best, bogus at worst. ### Bottom Line on NBEV Stock It is often noted that Coca-Cola (NYSE:KO) started life in the 1880s as a patent medicine containing cocaine, which wasn't removed until the first decade of the 20th century. The fizzy water business, in other words, has a checkered history. New Age is a hark back to that history. In order to create new niches, and grab new consumers, the company is throwing lots of strange and interesting drinks at people and making some big claims. If Morinda has a stable business; if New Age Beverages can get out a legit CBD beverage; if it can build its distribution; if it can scale globally … only then is NBEV stock a bargain. * Teladoc Stock Is a Victim of the Market, Not a Bad Buy That's a lot of "ifs." Is 2019 really the year you invest in an "if" stock? Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing, he owned no shares in companies mentioned in this article. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post New Age Beverages Is 2019's "If" Stock appeared first on InvestorPlace.
# Coca-Cola Co ### NYSE:KO View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for KO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting KO. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $16.72 billion over the last one-month into ETFs that hold KO are among the highest of the last year, but the rate of growth is slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. KO credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Sales of seltzer, club soda and sparkling water are up by double digits as more Americans turn away from soda and other sugary drinks
LEKU, Ethiopia/LONDON, Jan 14 (Reuters) - In the verdant southern highlands of Ethiopia, coffee farmer Gafeto Gardo is thinking about calling time on an industry that has sustained families for generations. Over the past year, the amount Gafeto gets for a kilogram of coffee beans has fallen a third to 8 birr, or just 29 cents, reducing his income from a cappuccino sold in the West for $3 to $4 to under a cent. Now, a slump in global coffee prices to their lowest in nearly 13 years in September is raising questions about whether it's worth growing beans at all in some of the traditional coffee heartlands of Central America, Colombia and Ethiopia.
There is something of the English north-west in the Bay Area’s cement-coloured dome of a sky, and in Matthew Walker’s accent, too. The rest of him is purest California. A lateral sweep of blond hair suggests ...
Pepsi's new global tag line is managing to divide the industry experts. The soda brand launched a series of videos this week focusing on the drink's bubbles, taste and refreshment and is working with Now United, a pop group put together by music veteran Simon Fuller, on a new jingle. Pepsi says the tie-up and new tagline reflect a celebration of the product, an "iconic brand rooted in entertainment with a refreshing and delicious beverage people around the world love," according to Roberto Rios, senior vice president, Marketing, Global Beverage Group at PepsiCo PEP , in a statement emailed to CNBC.
Pretty, isn’t it? Actually it is pretty ugly. Starting in December of 2007, the S&P 500 (SPY) was down a whopping 54% (yellow line) 16 months later when it bottomed in March 2009. The Nasdaq (QQQ) actually fared better during the time frame down only 48% (red line). Oil (USO) clearly did the worst down 60% in the time frame (blue line). The only thing that did well was Gold (GLD) up 18% during the time (orange line). So when people encourage you to buy gold to be defensive, that may actually work. But what about the “defensive” equities? Look, I have no idea if we are headed into a real downturn (economically) or not, just don’t listen to people telling you to shift your portfolio to defensive names. No one get rich losing 30-40% on names like this. Either sit it out, learn to short, or buy some gold. But remember advice you hear is often to help hedge funds and mutual funds “outperform”. But in a real downturn, you won’t feel better outperforming if you lose 20% less than everyone else, because you will still lose.
Coke, PepsiCo, Nestle, McDonald's have been funding a group to shape global obesity policy, according to new research findings. In China, that group has been able to shape policy that focuses on the role of exercise, not diet, in obesity. Coca-Cola KO has spearheaded an effort by American junk food companies, including PepsiCo PEP , Nestle and McDonald's MCD , to quietly shape China's nutrition policy through a non-profit group called the International Life Sciences Institute, according to new research.
Cannabis stocks ripped higher in the third quarter of 2018, underpinned by Canada's national legalization in mid-October and Tilray, Inc.'s (TLRY) deal with the U.S. Drug Enforcement Administration to import pot for medical research. Dow component The Coca-Cola Company (KO) added to optimism at the time, talking with Vancouver-based Aurora Cannabis about a beverage containing CBD, the non-psychoactive but medically promising plant extract. Bubble warnings were ignored during the rapid advance, encouraging a low-skilled trading crowd to jump on board, hoping for the next Amazon.com, Inc. (AMZN). Not surprisingly, pot stocks topped out quickly and turned sharply lower, trapping dumb money in a rapid decline reminiscent of the cryptocurrency plunge.
FT subscribers can click here to receive FirstFT every day by email. Ford will lay off thousands of workers and slim its vehicle line-up across Europe as the US carmaker pushes ahead with a $14bn global ...