Stock price when the opinion was issued
Do I want to bet against Warren Buffet? Sugar and fizzy water? Will it sell to Millennials? An unbelievable track record of making money for 100 years. He prefers Doctor Pepper. 70% of profits of COKE-Q are from outside of the US and the high dollar de-values their profits. Doctor pepper is more domestic.
PEP-Q vs. COKE-Q. He would be more inclined to take Pepsi as they diversified better and the growth has been better over the last few years.
The chart might be finding support at around $37. Looks like head and shoulders formation, but he doesn't assign those formations to such a large company. But he thinks that at $37 it is a safe buy.