Article By:
The Fly
Saturday, July 4, 2020 7:35 PM EDT
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap.
In this article: ACM, BBY, CAG, CAT, CLX, EXP, F, FLR, GVA, HMC, HPQ, KO, MLM, PEP, PFE, PG, PWR, SAP, SIX, TGT, UL, VMC, VZ, INO, USCR, ADDYY, AMZN, DNKN, FOSL, MSFT, SBUX, DENN, MRNA, FB, J, BNTX
Wells Fargo Says Buy Coca-Cola Ahead Of Investor Day
Yes, gotta love $KO.
Wells Fargo Says Buy Coca-Cola Ahead Of Investor Day
$KO has been one of the most resilient companies in existence and in times like this, they are performing as expected.
Stock Valuation: Coca-Cola
I do own $KO since I believe it has tremendous brand loyalty and staying power. Even though I think it could take a hit with the war against obesity, soda tax, etc, I don't believe the company is going face serious trouble any time soon.
Does Pepsi Still Have its Fizz?
$KO and $PEP will need to continue to diversify as consumers realize just how unhealthy soda is. And talk of a #SodaTax won't help their sales either.
McDonald's Downgraded As U.S. Restaurant Trends Seen Slowing
I hear there will be a soda sales tax soon. That will hurt $KO, $PEP and the other soda companies. I wonder if it will apply to SodaStream ($SODA). Regardless, it shouldn't affect restaurants though - they charge just as much for water!