Coca-Cola Consolidated, Inc. (Bottling) (COKE)

PEP-Q vs. COKE-Q. He would be more inclined to take Pepsi as they diversified better and the growth has been better over the last few years.

It hasn't done much lately. Pepsi reported a good quarter and gained a bit of market share from other peers. COKE reports Monday and he expects good numbers along with food service reopenings, but doesn't know if it will do as well as Pepsi

They are trying to refranchise some of their bottling agreements and are 2/3rds of the way through. They should increase their margins.

Do I want to bet against Warren Buffet? Sugar and fizzy water? Will it sell to Millennials? An unbelievable track record of making money for 100 years. He prefers Doctor Pepper. 70% of profits of COKE-Q are from outside of the US and the high dollar de-values their profits. Doctor pepper is more domestic.

The chart might be finding support at around $37. Looks like head and shoulders formation, but he doesn't assign those formations to such a large company. But he thinks that at $37 it is a safe buy.