Monday, May 16, 2011

Coca-Cola Delivering Refreshing Returns

tdp2664
InvestorPlace
The Coca-Cola Company (NYSE: KO ) — The beverage company was one of our Top Stocks for December , and it has not been a disappointment. A powerful breakout in March, following the "deep V" market bottom, drove KO to new highs in April. Last week, it broke from a triangle and appears to be well on its way to achieving a technical target in the high $70s.  S&P has a "five-star strong buy" rating on KO, and Wells Fargo just started coverage of the stock with an "outperform" rating. And Credit Suisse recently raised its 12-month target to $95 from $80.



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