
Coca Cola's Stock is SO Fetch!
Hiya Dreamhouse dwellers! Barbie here reporting live from the financial front! Apparently even in this economy Coca Cola is like totally thriving. I mean everyone needs a little sparkle right? Even when the market's throwing a total Malibu meltdown. They're a consumer staples company. Translation? People need their Coke duh! It's a wardrobe staple for your tummy!
Dividends? Grool Right?
And get this they pay dividends! It's like getting paid to sip on your favorite soda. Even *I* can understand that. Apparently they're a 'blue chip favorite'. Which I assume means they look good with diamonds right? Just like moi! They pay consistently too! It's what I love about Ken so dependable... unlike his fashion sense sometimes.
Warren Buffett: The OG Coke Lover
Speaking of looking good Warren Buffett's Berkshire Hathaway has been holding onto Coca Cola stock since 1988! That's like before my Dreamhouse even had a hot tub! (Okay maybe not *that* long ago...). But seriously if *he* thinks it's a good investment maybe we should all buy a few shares to match our Dreamhouse decor. I mean he knows money and I know well everything else!
Earnings So Good They're Making Me Blush!
Their recent earnings report was like totally tubular! $11.22 billion in revenue? That's a lot of pink convertibles! They beat analysts' expectations which is like beating Skipper at a coding competition. Go Coca Cola go! Strong overseas demands too... Coca Cola is the new international woman of mystery darling. It would look good in a sari I think.
Stock Price: Higher Than My Hairline (That's Saying Something!)
As of April 28th the stock price was $71.79! Up 16.3% year over year! That's almost *double* the S&P 500! It's like winning the Malibu Surf Competition and the Dreamhouse Design Award in the same day! Who knew Coca Cola could be so… fabulous? I guess that's why their product is my favorite accessory.
A Blast From the Past (That Still Sparkles)
Here's the real kicker: if you invested $1,000 in Coca Cola back in 1988 it would be worth over $36,000 today! That's enough to buy like a *lifetime* supply of pink glitter! Of course remember that past performance isn't a guarantee. And no stock is free from risk! Remember that diversification is your best accessory. But still Coca Cola’s looking pretty sweet right now.
CLeigh13
This is like, the best financial advice I've ever gotten.