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ABEV - Ambev: Don't Sleep On This Reopening Strategy
Ambev S.A. American Depositary Shares
The beer industry and Ambev, in particular, have been staring stagnation straight in the face as population growth and mounting competitive pressures hinder growth.
However, as we come out of the COVID-19 pandemic and as they market new hard seltzer products ahead of the summer, I believe that current expectations are too conservative.
I believe they will outperform expectations and remain bullish on their long-term prospects.