AI Alerts Pinpoint COKE’s 100% Stock Surge, Highlighting Bullish Signals and Profit Growth
AI Investing
August 26, 2024
Shares of COKE - not Coca Cola, but the bottling company that places Coca Cola into Cans and ships it out - have been surging. The stock is up nearly 100% this year alone. The reason is quite simple: in 5 years they have gone from a net profit of $11 million to over $400 million. They've also taken their earnings per share from $1.21 to $43.50 through a combination of profit improvements and massive stock buybacks. And all the while they have been increasing their dividends by triple digits.
There were a variety of signals, including the AI stock alert sent out in December 2022, and the AI stock alert sent out August 20, 2024 right before a +9% multi-day move upward in the stock.
If you're wondering what the best ways to use our AI alerts are, this is one of them. Let LevelFields' AI alerts identify a stock, then look at the history of similar events and AI stock alerts. Multiple bullish events are indicators of future bullish stock prices moves.
Disclosure: we bought this stock ourselves following the AI stock alert on August 20th for the reasons stated above.
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