SAM News and Press, Boston Beer Company Inc. From 02/08/21

The pandemic hasn't been kind to most alcoholic beverage companies . With the cancellation of concerts, sporting events, and in-person shows, demand for on-premises drinking has plummeted. These declines were only partly offset by soaring sales for at-home consumption. There were tw...

Guggenheim reiterates a Buy rating on Boston Beer ([[SAM]] +3.9%) and keeps it labeled as one of its top growth picks.Analyst Laurent Grandent and team continue to expect the Truly brand to double in 2021 and gain market share with help from the new Truly Tea launch that is off to a strong st...

Anheuser-Busch InBev ([[BUD]] -1.2%) plans to invest over $1B in its U.S. manufacturing facilities over the next two years as it looks to push deeper into the hard seltzer market.The beer giant came late to the hard seltzer game, but is now getting more serious about grabbing market...

Boston Beer ([[SAM]] +8.5%) trades higher after another strong showing with Nielsen data from retail outlets. Four-week dollar sales for SAM's Truly were up 133.3% Y/Y to break above the +117.3% 12-week trend, while Twisted Tea sales were up 52.3% to rise above the 12-week growth rate of 42.3...

Keysight Technologies is a high quality company that benefits from some of the biggest themes in investing. The company is in strong financial shape and is well positioned to grow. Valuation is the only challenge to owning the stock. For further details see: Keysight Tec...

Evercore ISI reports seltzer sales are beginning 2021 off strong. The big three are still dominating with White Claw holding 50.0% seltzer market share, Truly (SAM) 24.9% market share and Bud Light Seltzer (BUD) at 9.7% market share. No other seltzer brand is over 3% market share. Seltzer sal...

Boston Beer (NYSE: SAM) will report fourth-quarter earnings sometime in February, after which it will likely no longer be officially classified as a craft brewer. Although it's been quite a while since the owner of Samuel Adams Boston Lager actually produced more beer than other alc...

Cowen drops Boston Beer (SAM) to a Market Perform rating after having it slotted at Outperform. "While we were bullish on SAM's relative positioning amid COVID-19, decelerating hard seltzer category growth and an intensifying competitive landscape leave us more cautious on the potential for p...

Molson Coors is trading cheaply due to a declining domestic beer market and COVID-19 slowdowns. However, the firm's new CEO's determination to expand into faster-growing sectors of the alcohol industry give the company strong long-term viability. The company's cheap valuation and ...

Insider buying decreased last week with insiders purchasing $66.85 million of stock. Notable Insider Buys: HC2 Holdings, Inc., Ardelyx, Inc., Carriage Services, Inc., CuriosityStream Inc., Cannae Holdings, Inc. Notable Insider Sells: Facebook, Inc., The Boston Beer Company, Inc., ...