Is Coca-Cola Enterprises About to Bottle Rocket Higher? [View article]
According to Morningstar, CCE just hit a 52-week low today. Morningstar further states that 2008 will prove to be "another difficult year" for the two main domestic bottling arms of Coca-Cola (KO) and PepsiCo (PEP). The reason? Carbonated soft drink sales continue to decline in the United States.
That being said, Morningstar has been known to call 'em wrong. As you stated, there is no evidence of insider selling during 2008. All insider activity has been "buys" or "awards." So you do raise some very intriguing possibilities.
A small investment in CCE, while catching it or near its 52 week low, may just handsomely pay off. Good luck, Paul.
Coke or Pepsi? [View article]
Is Coca-Cola Enterprises About to Bottle Rocket Higher? [View article]
That being said, Morningstar has been known to call 'em wrong. As you stated, there is no evidence of insider selling during 2008. All insider activity has been "buys" or "awards." So you do raise some very intriguing possibilities.
A small investment in CCE, while catching it or near its 52 week low, may just handsomely pay off. Good luck, Paul.