Financewizard : I need this answer.

Financewizard : KO has a market cap of $235B
COKE has a market cap of $3B
I use this logic when researching stocks: when 2 or more companies have similar descriptions and similar names in similar industries. I look at their market cap.
Based on the their market share, I would assume KO was the parent company and COKE is a derivative company that does a more specific function for tax or liability purposes.
—hope that helps.

Financewizard OP PO6 : I get that an undervalued stock is a buy. My question is BofA had a target price of $55 (meaning they think it is worth 55 in the long term) was neutral. They lowered their target price to 38 (meaning they don’t think it will reach 55 but 38 instead in the long term) is now a buy. If you had the option to purchase 2 different stocks at the same price in the same industry but one was valued at 55 per share and the other 38, which would be considered a buy to you? The valuation of the future stock price should be based on fundamentals not the current stock price.

Financewizard OP PO6 : I’m out of BBBY. I like what they are doing but I prefer to own profitable companies once It hits the $20 per share price. I was interested in $$Bed Bath & Beyond Inc (BBBY.US)$ but some strange stuff (IMO) is happening with it. I wanted some insight why BofA did what they did because I can’t see it. I’m also not a financial expert. Just a guy with 2 thumbs and an opinion.
Looks like 25% of it is sold short and 120% of float is owned by institutions. Looks like the availability of stock is driving the price more than expectations. Idk tho.

Financewizard OP rich man111 : I think it will pull back a little after earnings but then go up again..... provided earning are good or meets expectations.

Financewizard OP rich man111 : I did. I own shares and options. Been hoping for another small come back to $5.50 but it’s been on a hot streak.

Financewizard OP rich man111 : DHT had bad earnings (missed expectations). I’m pulling back my positions until DHT goes below the 50 SMA.

Financewizard OP rich man111 : I hope you made some money. I’m up about 30%

Financewizard OP rich man111 : I think that’s because the WTI Oil index has been reached almost $60 a barrel.