Patty Edwards Is Bullish On KO, PM And HLF
Patty Edwards said on CNBC's Fast Money Final Call that she is looking at the American based companies with the international exposure.
The Coca-Cola Company (NYSE: KO) is one of the companies she likes. You can buy Coca Cola in 200 different countries. The stock is trading at an attractive valuation, and it should jump to $62 over the next 18 months, believes Patty Edwards. The Coca-Cola Company (KO) closed at $55.05 today, with an increase of 0.20%. This company is also attractive for its 3.9% dividend yield.
Philip Morris International Inc. (NYSE: PM) is another stock that will give you international exposure. It is trading at 13.5 times earnings. Patty Edwards sees Philip Morris (PM) at $57, and this company pays the dividend yield of 4.5%. Philip Morris (PM) jumped 0.29% and closed at $51.34.
Patty Edwards also likes Herbalife Ltd. (NYSE: HLF). She likes this stock because its current P/E multiple is 25% lower than its median P/E. She thinks that Herbalife (HLF) could jump to $64. Herbalife Ltd. (HLF) fell 0.31% today.
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