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Beer stocks move higher after SABMiller gives reason for optimism

Oct. 17, 2013 12:34 PM ETSABMiller plc ADR (SBMRY) StockTAP, SAM, SBMRY, BREW, BUDBy: Clark Schultz, SA News Editor1 Comment
  • A number of beer stocks are getting a lift out of solid report from SABMiller (OTCPK:SBMRY) which beat estimates.
  • The brewer showed some momentum in North America and Africa, while the sales growth slide in Europe decelerated.
  • Advancers: Anheuser-Busch InBev (NYSE:BUD) +1.8%, Molson Coors (NYSE:TAP) +1.4%, Boston Beer (NYSE:SAM) +2.8%, Craft Brew (NASDAQ:BREW) +1.6%.

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