Coke Earns 72 Cents Per Share

Coca-Cola (KO) reported Q4 earnings today of 72 cents per share which matched expectations. I like Coke a lot and the stock has had a very nice run since last summer. Still, I think the shares are a bit rich.

The P/E Ratio went from being 37% less than the market in mid-2009 to more than 25% over the market today. I’m staying away from shares of KO.

Posted by on February 9th, 2011 at 11:59 am


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