- By Holly LaFon
We initiated a position in Molson Coors Brewing Co. (NYSE:TAP). The company has a strong portfolio of brands and growing mix of products, which we expect will result in greater top line growth, profitability and market share gains over the long term. There were no exits during the quarter.
From John Rogers (Trades, Portfolio)' first-quarter 2019 Ariel Fund shareholder letter.
This article first appeared on GuruFocus.
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- TAP 15-Year Financial Data
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- Peter Lynch Chart of TAP