Hewlett-Packard Company (HPQ), The Coca-Cola Company (KO): These Dow Stocks Are Up in Advance of the Fed’s Statement

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And leading the Dow this afternoon is The Coca-Cola Company (NYSE:KO), up 1%. This morning Credit Suisse analysts initiated coverage on Coca-Cola, saying the company has “the potential to generate returns in excess of the peer group over the next two to three years.” The ratings agency continued, “We see upside to 2013/14 EPS estimates based on optionality in key markets in Asia and the U.S., and we also expect margins and ROIC to improve.”

Speaking of Asia, today The Coca-Cola Company (NYSE:KO) announced a reshuffling of its management for its Pacific operations. The current chief executive for India and Southwest Asia, Atul Singh, will become deputy president for the Pacific. Coke has been focused on growing its business in emerging markets, especially India and China. Investors can take comfort in Coke’s business model, knowing that no matter what the Fed announces, people around the world will continue to drink The Coca-Cola Company (NYSE:KO) for decades to come.

The article These Dow Stocks Are Up in Advance of the Fed’s Statement originally appeared on Fool.com and is written by Dan Dzombak.

Dan Dzombak can be found on Twitter @DanDzombak or on his Facebook page, DanDzombak. He has no position in any stocks mentioned. The Motley Fool recommends The Coca-Cola Company (NYSE:KO).

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