Earlier we posted we had entered a position in MCD (McDonald's). We believe that KO is a good entry point since if MCD's sales are up, then it follows that those sales include sales of KO products.
The weak dollar helps both KO and MCD since a majority of their earnings are earned outside the US. The dollar index against seven major currencies is at a 15 year low helping US exporter
KO is up about 7% in the last 10 trading days. MCD raised its dividend 50% today indicating strong growth.
This blog is designed to publish information regarding Global 1 Investment Holding Corp., (OTCBB:GOIH). We will inform our investors of what we believe are profitable strategies that we have either developed or uncovered that can be profitable if properly executed. This blog will be updated several time each day, for daily updates, an email subscription is available.