A lot of brokers are talking about the rise of energy drinks as a long term head wind for ccl.ax as mother only Has a 15% share of the market. Lets wait and see what happens there but I think people wont drink 10 red bulls a day. That inability of redbull to sell numerous amounts all day is the downfall it's always going to have. Not sure it'll be able to replace coke in the shelves unless they drop the caffeine content a bit.
CCL Price at posting:
$12.18 Sentiment: LT Buy Disclosure: Held