(A Top Pick August 9/12. Up 26.8%.) Has come off quite a bit. There is a slowdown in Brazil that is affecting them. Diversifying their portfolio. Now have bottling operations in the Philippines, which is their entrée into Asia. Have a very good relationship with Coca-Cola (KO-N), which owns a significant portion of this company. With the selloff, he is looking at this as a good opportunity.
Dominant in Latin America. Prefers the bottlers to Coke and Pepsi stocks. This is a really well managed company and well liked by Coke, who wanted them to take over the Philippines operation. This would give them a toehold in Asia. Risk is on execution. They have done a really good job when they take over different districts. Family sold a significant chunk of the stock so he could get at a reasonable price.
Coca-Cola Femsa is a American stock, trading under the symbol KOF-N on the New York Stock Exchange (KOF). It is usually referred to as NYSE:KOF or KOF-N
In the last year, there was no coverage of Coca-Cola Femsa published on Stockchase.
Coca-Cola Femsa was recommended as a Top Pick by on . Read the latest stock experts ratings for Coca-Cola Femsa.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Coca-Cola Femsa published on Stockchase.
On 2024-04-23, Coca-Cola Femsa (KOF-N) stock closed at a price of $94.53.
(A Top Pick June 7/13. Down 19.32%.) Since he selected this, he has switched into the parent Femsa. This company was facing some taxes because of the sugary drinks. Still likes the business and management. The parent company also has business in convenience stores, and now have expanded into pharmacies, as well as a stake in Heineken.