Why I trade KO (Coca-Cola)
After I wrote this I realized it sounds like one of those terrible facebook articles, "Ten reasons I love eating chips" crap, I apologize this was not my intention. I love KO, it’s actually one of my favorite stocks to trade. In all seriousness though, there is no reason to not have KO in your portfolio. I've got a pretty hefty account and KO is one of my main staples. If you have a smaller account KO can be a great opportunity due to the low margin required. Consider it and feel free to ask me any questions.
This month (April) I’m already up around $5455, not including commissions. With two weeks to go I don’t see why it can’t be an $8000 month just from KO.
Consider these:
KO has a great dividend! 3% yield per share! That’s killer and because of that I always try to be long shares when dividend dates are coming up!
https://www.streetinsider.com/dividend_history.php?q=ko
Historically, KO bounces really well off of my Keltner Channels. This has made the last few years trading KO very profitable.
Those bounces are gold mines...
It’s a very slow moving stock. Seriously, it's really slow. You will never have to stress trading it and walking away from the screen for a short time is never been a problem. In contrast to when you trade Amazon or Netflix and you end up wetting yourself all week.
You can count on one hand how often KO has moved more than 5% in a week. So it can be quite predictable.
It is a solid company that reports good earnings often, and it has one hell of an economic moat. You'd be surprised how many drinks KO owns now.
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