Just over two weeks ago, Mad Money put an end to the cola wars, with Cramer choosing Pepsi over Coke. Wider margins thanks to lower commodity costs, a $1.2 billion productivity program and new products and promotions will all lead to increased sales and volumes. The 3.3% dividend yield isn’t bad, either.
But one of Cramer’s most trusted technical analysts fully endorsed Coke on any pullback to the low $40s. The stock’s 2009 lows match up with its historic bottoms, the analyst said, and the chart indicates a turn up is imminent, again based on similar action in KO in the past.
So, Coke or Pepsi ? Who’s right, Cramer or this analyst? Watch the video and decide for yourself.
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