parshotamj

Coca Cola may be showing signs of a positive recovery

Alış
NYSE:KO   Coca-Cola Company (The)
Just over a year ago, Coca Cola was trading at an all time high of $60, but the price tanked by about 38% in a month following the onset of the Corona Virus. Since then, it has been increasing slowly and steadily in a rising channel and finally crossed its 200 MA yesterday. I think that as world starts to recover from the worst of the virus's effects, this share should once again reach its prior high in the coming months. As an added bonus, it boasts a dividend yield of 3.37%.

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