This multinational drink and beverage company is based in Belgium but conducts significant operations in the United States through its Anheuser-Busch subsidiary. Anheuser-Busch InBev (BUD) completed a major acquisition of SAB Miller in 2017.
Investment Thesis
This stock is a strong buy due to temporary market conditions related to the coronavirus pandemic. The stock is selling at a discount to its fundamentals.
Segment Analysis
In the North America region, which comprises the United States and Canada, volume decreased from 2018 to 2019 because of a weak beer industry. Revenues and EBIT remained flat