Mastery is always on the hunt for a security that doesn't dive 5 to 10% every other day thanks to the current volatility. Turns out beer could be the solution for all our problems.
In the past 30 days Anheuser-Busch InBev (BUD) up 9%, Molson Coors Brewing Co. (TAP) is up 4.6% and The Boston Beer Co. (SAM) is increased 2.9%. However over the past six months while stocks have ran all over creation Boston Beer (SAM) shares have jumped 22%.
BUD and SAM are trading close to their respective 52-week highs and that's something to drink about. Many investors enjoy chasing after strong performers and that rings true for BUD and SAM. The diamond in the rough just may be Molson Coors Brewing Co. (TAP).
The Boston Beer Co. (SAM) however wins best investment for 2011 of the three, its shares are up 19% YTD while the S&P 500 has inched up 3%. Best yet for beer lovers the Boston Beer Co. is still an American company and sells over 20 beers under the Samuel Adams or the Sam Adams brand name.
Boston Beer Co (SAM) shares are now trading with a P/E Ratio of 23.3 and EPS of 4.36. SAM shares are trading at $101.
Anheuser Busch Inbev (BUD) shares are trading just under $60. BUD is now trading with a P/E Ratio of 19.7 and EPS of 3.02.
Molson Coors Brewing (TAP) have a P/E Ratio of 12.7 and EPS of 3.26. TAP shares are trading around $41.
ANALYST VIEW
This week Jefferies put a "Hold" on Molson Coors (TAP) but stayed steady on their $46 price target on the stock. JPMorgan Chase & Co. also reiterated their "Neutral" rating on TAP on Tuesday (Dec 6th) and set a $45 price target.
This week Jefferies put a "Hold" on Molson Coors (TAP) but stayed steady on their $46 price target on the stock. JPMorgan Chase & Co. also reiterated their "Neutral" rating on TAP on Tuesday (Dec 6th) and set a $45 price target.
Last month UBS cut their price target on shares of Molson Coors to $46, they have a "Buy" rating on TAP.
Fellow Masters, Molson Coors still has room to grow in the next 12 months if the analysts are right to the tune of 9 to 12%. We like our chances on this stock, its peers are trading well and Wall Street is behind them.
CO. | Current Price | Price Target | % Change |
TAP | $ 41.04 | $ 45.00 | 9.6% |
TAP | $ 41.04 | $ 46.00 | 12.1% |
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