CO COKE Coca-Cola Consolidated Loading... : Bullish and Bearish Analyst Opinions

The tweet reports a day of significant double-digit declines in consumer staples and discretionary stocks, including PLNT, SHAK, VITL, TPR, WHR, COKE, and BRBR, but provides no forward-looking opinion or trade thesis.

$COKE's 1000% operating income growth was driven by a one-off territory transfer from $KO, which cannot be repeated. The market is mispricing the stock at 34x P/E, falsely anticipating future growth and margin expansion. Short $COKE with a target valuation of 20x earnings (~$130/share). Momentum traders and algorithms could continue to irrationally bid up the stock price.