Market seem to moving towards a recession as some news started to mentioned that companies hiring started to slow down +
.
In such a bearish π» economy, only some companies stock managed to survive in the upcoming storm, eg $Coca-Cola(KO)$=remain a stable blue chip stock . As I mentioned before, $Coca-Cola(KO)$is a mature company with good dividend. U won't expect rapid uptrend of the stock price, but a slowly π progress [smile] .
Of course most investors like growth companies with rapid growth & stock with rapid surge in price, including me . However in a "possible" recession, it's already good enough if the stock price never plunge down rapidly
.
Growth companies are the one that are "likely" to be affected by the current market situation .
Hence, stable mature company like $Coca-Cola(KO)$may be one of the best stock out there now +
. U can just eat on dividend in a "possible" recession
.
"Global Unit Case Volume Grew 8%
Net Revenues Grew 16%;
Organic Revenues (Non-GAAP) Grew 18%
Operating Income Grew 25%;
Comparable Currency Neutral Operating Income (Non-GAAP) Grew 24%
Operating Margin Was 32.5% Versus 30.2% in the Prior Year;
Comparable Operating Margin (Non-GAAP) Was 31.4% Versus 31.0% in the Prior Year
EPS Grew 23% to $0.64; Comparable EPS (Non-GAAP) Grew 16% to $0.64"
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NOTE: NOT AN ADVISE BUT IS ONLY MY POINT OF VIEW .
DYODD before investing
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