
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
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Coca-Cola releases its earnings report on Wednesday, 15:30 MT time.
The expected EPS differs among observers between $0.41 and $0.42, and the revenue forecast is $8.61bln.
Generally, Coca-Cola is a champion. It never failed on an ever-increasing dividend through the last half-century, it produces four out of five most popular soft drinks in the world, and it stays in the Top-5 chart of the US Super Bowl commercials. Yet, it suffered the hit of the virus. The abovementioned estimations take that hit into account. Nevertheless, most observers agree that this stock is a buy in the long-run, given the strong fundamentals it has to rise in normal circumstances – which are pretty much getting back to normal. In keeping with this, if Coca-Cola outperforms the expectations, it will definitely beat $51 and take the uptrend to its all-time high of $55. In the meantime, the current price of the stock may offer a very handy moment to enter the market.
Now, in case you didn't know, you can trade stocks with MT5 or FBS Trader!
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
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