Coca-Cola has a reputation for a stock that is a ‘recession buster’. Why is that? It is because it is thought that even when the wider US economy is shrinking then many US consumers will still be able to purchase a can of Coke.
Please note that the seasonals are also pretty strong for Coca-Cola right now too!
Take a look at the details here:
Over the last 37 years between July 18 and December 28 Coca-Cola shares have gained a total of 25 times and lost value 12 times The largest gain was +36.68% and the largest fall was -18.18%. The average return has been an impressive 5.18%.
Will Coke shares gain again during this period?
Major Trade Risks:
Watch out for any very bad news on Coca-Cola to negate this outlook as well as any other major news that harms global sentiment towards US stocks.
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