Investment Advisor Blog | Coca-Cola Bottling Shares Surge 130% After Name Change: Could FinTech Be To Blame? | Talkmarkets - Page 2

Coca-Cola Bottling Shares Surge 130% After Name Change: Could FinTech Be To Blame?

Date: Tuesday, May 21, 2019 4:48 PM EDT

While the air has come out of the balloon in recent days, COKE is probably still overvalued at $316 per share. I suspect sometime over the next year the stock trade back to $200 or $250 and plenty of investors will wonder exactly how they lost so much money on such a dominant company’s stock.

While technology surely will play a role in evolving the investment process for many, the idea that hiring a human being to assist you with your savings and investment objectives is unlikely to become outdated for the majority of folks, for reasons exactly like this one. Sometimes computers are going to be value-destructive, not value-additive as intended.

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