When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
BUDFF - Look Past The Current Weakness At The Boston Beer Company
Anheuser-Busch InBev SA/NV
Beer stocks have suffered a share price decline in the last months due to waning off-premise demand compared to the last year. However, we believe the market can be overreacting.
SAM has been beaten up in the past and the worst might still not be over, as the company is richly priced at 30x FWD P/E.
However, should the company prove its ability to deliver double-digit long-term growth, while keeping the margin, our DCF model suggests a 33% upside and a $680 target price.