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MarketFoolery

Coke & Hasbro Hit New Highs

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 23 July 2019

⏱️ 25 minutes

🧾️ Download transcript

Summary

Coca-Cola’s 2nd-quarter profits (and raised guidance) push the stock to a new all-time high. MFAM Funds portfolio manager Bill Barker analyzes how coffee is behind Coke’s strong results. Hasbro hits a new high after another Marvel-infused quarter, while Harley-Davidson’s 2nd-quarter profits fall nearly 20%. Plus, we discuss board games (sort of) and producer Dan Boyd shares his recent experience buying a motorcycle.

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Transcript

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0:00.0

Thanks to linkton for supporting today's episode of market forry

0:02.7

LinkedIn jobs uses knowledge of both hard and soft skills to match you with the people

0:08.9

who fit your role the best. Post a job today at linkton dot slash fool and get $50 off your first job post.

0:15.9

It's Tuesday, July 23rd. Welcome to Market Fullry. I'm Chris Hill joining me in studio

0:22.1

from Motley Fool Asset Management Funds. Bill Barker. Good to see you. Thanks for making the trip. Thank you. Thanks for having me. I just want to say that Bill didn't just make the trip

0:32.5

from his home.

0:33.0

He was driving back from Philadelphia.

0:35.5

So this is literally like getting off the road

0:37.3

to come into the studio.

0:38.2

So thank you for that.

0:39.8

And what a day for it?

0:40.6

Because we've got the latest results

0:42.0

from three quintessential American brands, Hasbro,

0:45.9

Harley Davidson.

0:47.9

We're going to start with Coca-Cola.

0:49.6

Second quarter profits in revenue came in higher than expected.

0:52.1

Coca-Cola raised guidance.

0:54.2

The stock is up 5% and hitting a new all-time high.

0:57.8

This was really good for Coca-Cola.

1:01.6

Yeah, another good quarter.

1:05.4

One thinks of it as a quintessential American brand and certainly you can look at some of its performance

1:11.8

that way, but the thing you've really got to be excited for is the

...

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