Seeking Alpha

Beer stocks move higher after SABMiller gives reason for optimism

  • A number of beer stocks are getting a lift out of solid report from SABMiller (SBMRY.PK) 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 (BUD) +1.8%, Molson Coors (TAP) +1.4%, Boston Beer (SAM) +2.8%, Craft Brew (BREW) +1.6%.
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Comments (1)
  • CaptTurbo
    , contributor
    Comments (43) | Send Message
     
    Sold half my position at 10.00 and here we are cresting 15.00. Glad I held half.
    17 Oct 2013, 01:34 PM Reply Like
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