
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.
Skiddie
I wonder if Ken knows about this stock...
CLeigh13
This is like, the best financial advice I've ever gotten.