Surfing the Chop on Wall Street Towards Retirement

Surfing the Chop on Wall Street Towards Retirement

Search This Blog

Tuesday, April 27, 2010

Bought Some Coca-Cola Today

The Reasons for my Buy of KO:
  1. Long-term Buy - Global Duopoly
  2. Long-term Buy - Steady Trackrecord
  3. Short-term Buy - Dividend is Safe
  4. Short-term Buy - Has resistance to market drops.    Therefore, I should not expect the stock to drop as much during a global downturn.    Low Beta. 
  5. Short-term Buy - Steady stock price.
Reasons for concern:
  1. Long-term - will KO be able to continue with excellent management in the future.   
  2. Short-term - Technology and Oil could outperform the market in the short-term.
Let me know your thoughts.   

PS - I sold some QCOM, because I discovered I really do not understand that stock, nor the reasons why it has had continued weakness lately. 

No comments:

Post a Comment

About Me

I have a passion for investing and surfing.