KO - A Coke and a Smile!KO traded at $41 today and bounced and closed above the 1998 peak in the 45's after hitting $60 last month. A 32% drop top to bottom largely because it is part of the DOW. Looking back to the 1987 crash and the period that followed, KO had an incredible 11 year period. Even through the correction that followed, the stock was up 1000% from its Black Monday lows. The last 11 years have been good for Coke, but were not anything close to the gains from the Black Monday period. Things feel washed out and today's close was just ugly IMO. KO will weather the storm as good as any company out there. It has dealt with dislocations in the market before and will navigate this period just the same. So smile and have a Coke.
