CCE will go UP
$34.00 on 10/04/12
$43.16 (50.07% from time of market call)
Coca-Cola Enterprises (CCE) is a good summer buy and should continue to grow until the autumn months roll around. The weather is getting warmer and breaking records in some regions. This increase in heat will directly affect sales as customers wish to cool down by Coca-Cola's refreshing beverages. Another point to keep in mind is that CCE owns the particular rights of distribution to popular travel destinations, and people like to travel in the summer.
CCE should expect to see a short term rise in stock prices directly affected by increased retail sales during this warm temporal season, but has the risk of a brisk drop just before next quarter. Create a stop loss at $32.25 and hope for continued growth into the next holiday season.
15% increase in stock value within 3 months.