As one of the larger companies of the consumer discretionary sector, The Coca-Cola Company ( KO ) shares have enjoyed a relative upward trend since the beginning of 2022 as investors appear to be bracing for potential interest rate hikes. Coca-Cola shares currently trade in an above average range based on historical volatility, and option traders appear to be positioned for the stock to rise after the company reports earnings for the fiscal fourth quarter. Analysts expect the company to announce $0.41 in earnings per share (EPS) and $8.93 billion in revenue. Investors will be paying keen attention to how Coca-Cola has managed to navigate ongoing supply chain issues and how rising costs could affect the bottom line. Insiders have recently increased the amount of shares being sold, unloading over 314,000 shares valued at close to $18.6 million over the past 90 days. Investors will be keeping an eye on if the beverage maker can continue to increase sales volume and what, if … [Read more...] about Can Coca-Cola (KO) Keep Up the Trend?
9 impressive dividend stocks to buy and hold
Hong Kong becomes world’s must-watch market
FOR global investors trying to the gauge the fallout from surging interest rates and slowing economic growth, Hong Kong is quickly emerging as a must-watch market. Perhaps nowhere else is as exposed to two of the biggest worries roiling global asset prices – the Federal Reserve’s (Fed) rapidly tightening monetary policy and China’s sputtering economy. While Hong Kong’s US$466bil (RM2 trillion) foreign-reserves stockpile and plentiful interbank liquidity suggest little chance of an imminent crisis, signs of financial stress are building. This week saw the city intervene to prop up its pegged currency for the first time since 2019. Its stock market has tumbled this year at one of the fastest rates globally. Home prices in the world’s least affordable property market are falling and signs of capital flight are multiplying, after portfolio outflows last year topped US$100bil (RM440bil) for only the second time since Hong Kong’s 1997 handover to China. “There’s a lot the city … [Read more...] about Hong Kong becomes world’s must-watch market
For Pride Month, Target is Selling Compression Tops And Packing Underwear
Share to Twitter Share to Linkedin Ahead of Pride Month, Target has announced new collaborations with two LGBTQ+ clothing designers. The brands TomboyX and Humankind will both bring queer-friendly, limited-edition options to Target’s shelves. LGBTQ+ people deserve a wider selection of underwear and swimsuits. Most clothing brands create underwear and swimwear in distinct “male” and “female” categories. For example, swimsuits are often limited to board shorts marketed to men, while bikinis or form-fitting one-pieces are marketed to women. TomboyX makes underwear that are comfortable for people of any and all genders. Humankind sells swimwear like swim shirts and board shorts. Both of these brands help LGBTQ+ customers feel more comfortable in their own skin. Customers can find TomboyX clothing online and in some stores throughout May. Target plans to start sell Humankind garments on May 25th. What can shoppers expect from these … [Read more...] about For Pride Month, Target is Selling Compression Tops And Packing Underwear