Chart of the Day - Anheuser-Busch Inbev Sa (BUD)

The "Chart of the Day" is Anheuser-Busch Inbev Sa (BUD), which showed up on Friday's Barchart "All-Time High" list. Anheuser-Busch posted an all-time high Friday at $84.65 and closed up +1.00%. TrendSpotter has been long Anheuser-Busch since June 19 at $71.29. In recent news on the stock, Major League Baseball Properties and Anheuser-Busch agreed on Aug 22 to a 6-year renewal of their sponsorship agreement through the 2018 season. Under the agreement, Budweiser is designated the official beer sponsor of MLB and will be the presenting sponsor of the wild-card playoff games on Oct 5. Anheuser-Busch, with a market cap of $134.6 billion, is the leading American brewer with a 47.7% share of U.S. beer sales to retailers. It also brews and manufacturers ale, lager, and stout and is a major manufacturer of aluminum cans and has been a leading aluminum recycler for more than 30 years. It has production plants in Europe, the Americas and Asia.