Opinions
Keith Richards
Keurig Dr Pepper Inc
KDP-Q
COMMENT
Dec 19, 2014
$71.660
Stock price when the opinion was issued
Consumer Products
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY
KDP was a merger of Keurig and Dr. Pepper. Today, they announced mid-single-digit sales growth and high-single-digit earnings growth with $4 billion in discretionary cash flow over the next three years. They want to reward shareholders with special dividends and/or share buybacks or an acquisition. It's a safety stock that knows how to grow.
breweries
beverages
Had a pretty strong move this year. It looks like it is trying to test the trend line. If you were to draw a 200 day moving average, you will usually find that it will keep a certain distance off the trend. If it gets too high, 10% or more over that average, you will typically see it return to the trend line. He thinks that is all that is happening on the stock and it is not in danger, but you could see it pull back a bit more.