In my recent articles, I wrote about companies active in capital intensive industries, which might not offer the easiest way for investors to earn money. From this perspective, the beer industry is a much better business.
I have read several bullish articles about Molson Coors (TAP) since the price of the stock declined significantly. One of the reasons for the "bullishness" might be "anchoring" as a behavioral bias, in which the use of a psychological benchmark, such as a previous high price on the chart, carries a disproportionately high weight in a market