Coca-Cola Stock Joins Rank Of Stocks With 95-Plus Composite Rating

On Thursday, Coca-Cola Consolidated (COKE) got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.

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The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The market’s biggest winners often have a 95 or higher rating in the early stages of a new price run, so that’s a good item to have on your checklist when looking for the best stocks to buy and watch.

Coca-Cola stock is currently forming a cup with handle, with a 579.95 entry. See if the stock is the real thing and can break out in heavy trade at least 40% above average.

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The stock has a 99 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 99% of all stocks.

Its Accumulation/Distribution Rating of E shows aggressive selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.

Earnings Review

In Q4, the company reported 101% earnings-per-share growth. That means it’s now delivered four straight quarters of rising EPS gains. Top line growth was flat, matching the prior report’s 12%. Next earnings release is on or around May 9.

Coca-Cola Consolidated earns the No. 2 rank among its peers in the Beverages-Non-Alcoholic industry group. Coca-Cola Femsa ADR (KOF) is the No. 1-ranked stock within the group.

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