Searching for Safe Stocks: Disney and Coke

52-Week Highs

The major indexes are dropping 1%+ today but there's two stocks that are firing on all cylinders and even hit new 52-week highs today, that would be Walt Disney Co.(NYSE:DIS) and Coca-Cola Co. (NYSE:KO).

Coke (KO) shares have once again peaked to yet another high, today touching $62.88 and Disney (DIS) doing the same thing stretching to $38.  Coca-Cola (KO) shares have traded between $49.47 and $62.88 over the past 12 months and are now trading with a P/E Ratio of 19.3 and EPS of 3.25.  Walt Disney (DIS) shares have traded between $28.71 and $38 over the past 12 months and are now trading with a P/E Ratio of 17.3 and EPS of 2.07.

WallStNation.com Sponsors - Become one Today

Disney shares are up 4.5% today thanks to the company announcing its fiscal year and Q4 financial results 2010, with net revenues at $9.7 billion as compared to $9.8 billion in the previous year’s quarter. The fiscal year revenue was $38.0 billion as compared to $36.1 billion in the previous year.

Disney continues to knock it out of the park, thanks to great content like Toy Story 3 and its benefit across many businesses. The fourth quarter earnings grew solidly after factoring out a programming writeoff at one of its equity networks, the timing of ESPN revenue recognition and the effect of one fewer week of operations this year than last. With the acquisition of Marvel (MVL), the company has expanded its brand and franchise portfolio.

Searching for safe stocks?  Your answer is Walt Disney Co.(NYSE:DIS) and Coca-Cola Co. (NYSE:KO).

dis

 

 

 

WallStNation.comThanks for visiting WallStNation.com, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)


Share WallStNation.com Content

Share this article with others, WallStNation.com is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary




Please Review the WallStNation.com Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details