Coca-Cola Going Flat
Enthusiasm for "safe stocks" and "high-yielding" issues have combined to push Coca-Cola (KO) shares to their highest valuation since early in 2008. Excitement over a recent 2-for-1 split briefly sent the stock to $40.67.
But chasing the split was a bad idea, as the stock has dropped by 8.2% from the recent peak. Is Coke a good buy at today's price of $37.35?...208 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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