SAM News and Press, Boston Beer Company Inc. From 05/21/20

Cowen's Vivien Azer says don't sleep on the huge sales numbers for hard tea and the benefit for Boston Beer ( SAM -2.3% ). More news on: The Boston Beer Company, Inc., Molson Coors Beverage Company, Consumer stocks news, Read more ...

Total alcoholic beverages rose 35% Y/Y for the week ending May 9 to mark the third consecutive week of accelerating sales, per Nielsen data. More news on: The Boston Beer Company, Inc., Constellation Brands, Inc., Brown-Forman Corporation, Consumer stocks news, Read more ...

Although sometimes it's tempting to curl up under grandma's quilt and not face the world during the current health crisis, for the observant investor, opportunities are there for the taking. Even with stay-at-home orders in place, people still want to find joy in eating and drinking, while keep...

Previously, I wrote how indiscriminate buying would be replaced with selectivity and that the market was approaching an important make-or-break moment following its rapid run-up since March. The S&P 500 remains below critical resistance, so the risk of weakness remains. However, our ...

Cowen lifts its price target on Outperform-rated Boston Beer (NYSE: SAM ) to $570 as it factors in the sizzling pace of growth for the Truly brand. More news on: The Boston Beer Company, Inc., Consumer stocks news, Read more ...

Shares of Boston Beer (NYSE: SAM) jumped 26.9% higher in April, according to data from S&P Global Market Intelligence .  It marked a strong rebound from the plunge suffered in March as the COVID-19 outbreak struck in earnest and indicated the brewer would be able to continue build...

Investors that tuned in to the Berkshire Hathaway (BRK.A)(BRK.B) annual shareholders meeting this weekend were probably not encouraged by what they heard. Not only was Warren Buffett selling all his airline stocks during this crisis, he has increased his overall cash position. The buyer of las...

Substantial fiscal and monetary intervention has fueled a dramatic run-up in shares; however, the market is approaching resistance, suggesting a make-or-break moment for the recent rally is approaching. Specifically, the S&P 500 is almost back to its 200-day moving average (DMA), raisi...

Beer sales roared higher again per the latest Nielsen data. Beer category sales (including flavored malts and cider) increased 17.7% over the last four weeks and are up 13.1% over a 12-week period. More news on: Anheuser-Busch InBev SA/NV, Molson Coors Beverage Company, Constellation Brand...

With the latest round of unemployment data indicating an additional 4.4 million Americans filed for unemployment, the total number of people filing for unemployment has now reached 26.5 million and the unemployment rate spiked over 20%. For context, the unemployment rate in March 2020 was 4.4%...