March 12, 2015 11:02 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
In a report published Thursday, Wells Fargo analyst Bonnie Herzog commented on a recent investor meeting with
The Coca-Cola Co's (NYSE: KO) management team and came away "incrementally more positive" in its ability to drive accelerated top-line growth.The analyst detailed four key takeaways from the meeting:1. The bulk of productivity and cost savings will be reinvested to drive growth with "some incremental upside potential" to its $3 billion target.2. Increased media spend could boost top-line growth.3. Price and pack architecture will drive pricing power.4. The company's equity stakes in both
Monster Beverage Corp (NASDAQ: MNST) and
Keurig Green Mountain Inc (NASDAQ: GMCR) provides another avenue for growth."Despite the challenging macro environment, we are encouraged by Coca-Cola's ability to drive incremental share gains and net price realization through its increased media spend and best-in-class price/pack architecture," Herzog wrote.Shares are Outperform rated with a valuation range of $46 to $48 per share.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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