Results for the Six Months Ended 28 June 2024* 7 th August 2024 *Unaudited Forward looking statements 2 This document contains statements, estimates or projections that constitute "forward-looking statements" concerning the financial condition, performance, results, guidance and outlook, dividends, consequences of mergers, acquisitions, joint ventures, and divestitures, including the joint venture with Aboitiz Equity Ventures Inc. (AEV) and acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI), strat ...

Market Performance - The SPDR S&P 500 ETF Trust (SPY) achieved a 2.34% return in August, marking its fourth consecutive monthly gain [2] - Vanguard's High Dividend Yield Index Fund ETF Shares (VYM) outperformed SPY with a return of 2.44% [2] - A watchlist of selected stocks yielded a return of 5.45% in August, surpassing both SPY and VYM, with a year-to-date return of 21.82% [2][10] Watchlist Strategy - The watchlist aims to identify high-quality stocks with attractive valuations and a good starting dividend yield, targeting a long-term compound annual growth rate (CAGR) of 12% [2][10] - The current CAGR of the watchlist stands at 18.64% after 46 months, exceeding the target [2][10] - The top 10 stocks on the watchlist for September 2024 collectively offer a dividend yield of 3.59%, more than double that of the S&P 500 [2] Stock Selection Criteria - The watchlist is created based on four main criteria: basic criteria, safety, quality, and stability [3][4] - Basic criteria include a dividend yield above 2.75% and a market capitalization of at least $10 billion [3] - Safety filters exclude companies with payout ratios above 100% and negative 5-year dividend growth rates [3] - Quality is assessed using Morningstar moat ratings and S&P quality ratings of B+ or higher [4] Recent Changes in Watchlist - The September 2024 watchlist includes three new stocks: Interpublic Group of Companies (IPG), PNC Financial Services (PNC), and Essential Utilities (WTRG) [7] - Previous stocks NextEra Energy (NEE), Starbucks (SBUX), and United Parcel Service (UPS) were removed from the watchlist [7] Expected Returns - The expected rate of return for the selected stocks is calculated by combining the current dividend yield with a return to fair value over the next five years [8] - The watchlist aims to provide better returns compared to 18 other high-yield stocks that passed initial filters but ranked lower in quality and valuation [9] Historical Performance - The watchlist has consistently outperformed benchmarks, with a total return of 92.55% since inception and an annualized return of 18.64% [10][12] - Individual stock performances in August 2024 varied, with Coca-Cola Europacific (CCEP) gaining 9.11% and Starbucks (SBUX) increasing by 22.05% [12]

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires solid fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - Coca-Cola European (CCEP) has shown a solid price increase of 4.6% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - The stock has also increased by 3.8% over the last four weeks, suggesting that the upward trend is still intact [5]. - CCEP is currently trading at 97.2% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - CCEP holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - The Zacks Rank stock-rating system has a strong historical performance, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988 [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks with sufficient fundamental strength to maintain their upward trends [3]. - In addition to CCEP, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8]. - The article encourages investors to utilize various Zacks Premium Screens tailored to different investing styles to enhance stock-picking strategies [8].

Group 1: Company Performance - Coca-Cola European (CCEP) has returned 9.7% year-to-date, outperforming the Consumer Staples sector average return of 4.1% [4] - CCEP is part of the Beverages - Soft drinks industry, which has gained about 5.6% so far this year, indicating that CCEP is also performing better than its industry peers [6] - Chefs' Warehouse (CHEF) has significantly outperformed the sector with a year-to-date return of 25.5% [5] Group 2: Rankings and Estimates - The Consumer Staples group, including CCEP, is currently ranked 14 within the Zacks Sector Rank, which evaluates 16 different sector groups [2] - CCEP holds a Zacks Rank of 2 (Buy), reflecting a positive earnings outlook and improving analyst sentiment, as the consensus estimate for its full-year earnings has increased by 0.2% in the past quarter [3][4] - Chefs' Warehouse has a Zacks Rank of 1 (Strong Buy), with a 4.8% increase in its consensus EPS estimate over the past three months [5]

pcess609 Market Recap The SPDR S&P 500 Trust ETF (SPY) somehow managed to post a positive return in July, +1.21%, but things did look a bit murky for a while. Vanguard's High Dividend Yield Index Fund ETF (VYM) posted a very strong gain of 4.83% last month, breaking its two-month underperformance relative to SPY. My watchlist fared better than both, posting a gain of 5.72%, and pushes itself very close to SPY on the year. Year-to-date through July, the watchlist is up 15.52%, beating VYM, 12.94%, but still ...

The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend ...

Market Recap The brief market pullback in April was quickly forgotten in May, the SPDR S&P 500 ETF Trust (SPY) posted a strong gain of 5.06%, fully erasing its 4.03% loss from the prior month. Vanguard's High Dividend Yield Index Fund ETF (VYM) also posted a good return of 3.03%, not quite enough to cover April's loss of 3.74%, but a solid month nonetheless. My watchlist faired a little better than both ETFs, with a gain of 5.92%. Year-to-date through May, the watchlist is ahead of both SPY and VYM, with a ...

Alongside Australia, as I mentioned just now, volumes in Europe also reflect our strategic portfolio choices, including our transition out of the Capri-Sun brand, which started in March this year. These are the right decisions, as we continue to be more choiceful on where we want to play for the long-term to ensure we continue to grow our business both profitably and sustainably. Excluding the impact of these exits, underlying volume for Europe was up on a 2-year basis of around 4.1% versus 2022. living pre ...

Lemon_tmQuality Stocks The SPDR S&P 500 Trust ETF (SPY) posted a 3.27% return in March, finishing Quarter 1 with a double digit gain. Vanguard's Dividend Appreciation Index Fund ETF Shares (VIG) locked in a lower gain of 2.37% last month. My watchlist underperformed both, posting a very weak return of 0.50%. Frankly it's been struggling to get off the ground this year. After two strong months of outperformance to cap off 2023 the watchlist is experiencing a pullback in 2024. As we all know, some months ...

Financial Reporting - CCEP filed its 2023 Integrated Report and Form 20-F with the SEC on 15 March 2024, including audited results for the year ended 31 December 2023[1] - The unaudited fourth-quarter and full-year results for the period ended 31 December 2023 were released on 23 February 2024[1] - The Integrated Report and Form 20-F will be available online and printed copies will be sent to shareholders who requested them around 10 April 2024[5] Company Operations - CCEP serves 600 million consumers and supports over 2 million customers across 31 countries[6] - CCEP is listed on multiple exchanges, including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges[6]