ABEV - Ambev S.A.

NYSE - NYSE Delayed Price. Currency in USD
+0.0200 (+0.54%)
At close: 4:01PM EST

3.6800 -0.01 (-0.27%)
After hours: 4:28PM EST

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Previous Close3.6700
Bid3.6800 x 301800
Ask3.6900 x 317700
Day's Range3.6500 - 3.7100
52 Week Range3.6300 - 5.4500
Avg. Volume19,048,918
Market Cap56.615B
Beta (5Y Monthly)0.56
PE Ratio (TTM)20.97
EPS (TTM)0.1760
Earnings DateN/A
Forward Dividend & Yield0.12 (3.19%)
Ex-Dividend DateDec 19, 2019
1y Target Est4.91
  • AB InBev CFO Dutra to step down, Ambev's Tennenbaum to replace him

    AB InBev CFO Dutra to step down, Ambev's Tennenbaum to replace him

    Tennenbaum will also join the executive committee of the company that makes Budweiser, Corona and Stella Artois. Dutra, who was CFO for almost 15 years, will remain with the company during a transition period, the company said.

  • Penny Stocks to Buy Using Technical Analysis for February 2020

    Penny Stocks to Buy Using Technical Analysis for February 2020

    With a downcycle looming, technical analysis is more important than ever. Benefit from coming volatility by trading these penny stocks.

  • Brazil's Ambev sets ambitious target to end plastic pollution in packaging

    Brazil's Ambev sets ambitious target to end plastic pollution in packaging

    Brazilian beverages company Ambev SA has set an ambitious target of eliminating plastic pollution in its packaging by 2025, in a push that an executive said on Monday has the potential to generate approximately 1 billion reais ($239.09 million) in business. Latin America's largest brewer is partnering with stakeholders, including suppliers, recycling cooperatives, startups and universities to have all its beverages either in returnable packaging or made of 100% recycled material. "Today 40% of our beers already use returnable packaging, but as we made progress our dream got bigger and we decided to end plastic pollution in our packaging," Ambev's vice-president of sustainability and supply chain, Rodrigo Figueiredo, said in an interview.

  • Top Beer Stocks for Q1 2020

    Top Beer Stocks for Q1 2020

    The beer industry is made up of companies specializing in the production of beer, but which also produce other alcoholic and non-alcoholic beverages. Beverages are considered consumer staples and thus the beer industry may be considered a small part of the broader consumer staples sector.

  • Is Ambev SA  (ABEV) A Good Stock To Buy?
    Insider Monkey

    Is Ambev SA (ABEV) A Good Stock To Buy?

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

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  • Here is the 30th Most Popular Stocks Among 752 Hedge Funds
    Insider Monkey

    Here is the 30th Most Popular Stocks Among 752 Hedge Funds

    The 750+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the third quarter, which unveil their equity positions as of September 30. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]

  • Moody's

    Ambev S.A. -- Moody's announces completion of a periodic review of ratings of Ambev S.A.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Ambev S.A. New York, November 13, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ambev S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Reuters

    Ambev to invest $145 mln in wind farm to power Budweiser breweries in Brazil

    Ambev SA said on Friday it has signed a deal with a private equity group to build a wind farm that will supply renewable energy to all of its beverage plants in Northeastern Brazil, as well as to its five Budweiser breweries across the country. Under the terms of the agreement, Ambev is expected to pay around 600 million reais ($145 million) over a 15-year period to Casaforte Investimentos, which in turn will build a 1,600 hectare wind farm in Bahia state exceeding 80 megawatts in capacity. "This power purchase agreement will cut 20,000 tonnes in carbon dioxide emissions per year, which is the equivalent of removing 35,000 cars from the streets per year," Ambev's vice president for sustainability and supply chain, Rodrigo Figueiredo, told Reuters in an interview.

  • Ambev Stock: 3 Significant Risks, 3 Reasons to Buy Anyway

    Ambev Stock: 3 Significant Risks, 3 Reasons to Buy Anyway

    Ambev (NYSE:ABEV) stock presents a conundrum for investors. The long-term drop in the equity and the dividend may point to a potential bargain. However, political and business headwinds in Brazil point to significant challenges. Deciding whether to buy Ambev stock, investors must weigh these benefits against both the risk and their risk tolerance.Source: Anton Garin / Shutterstock.com Most Americans have few reasons to know Ambev. The Sao Paulo-based brewery is a subsidiary of Interbrew International, a subsidiary of Anheuser-Busch InBev (NYSE:BUD). For most residents of the U.S., their familiarity with the company likely revolves around Labatt Blue, a familiar brand for those who visit Canada. Outside of the Canadian connection, Ambev operates in Latin America, primarily in its home market of Brazil. 3 Notable Risks of Ambev StockThis unfamiliarity with AmBev stock likely extends to its significant risks. For one, Ambev faces ongoing political turmoil in its home country. The company is currently contending with an antitrust complaint filed by competitors in Brazil. A group of 110 resellers and distributors alleges that ABEV has used its market position to push abusive commercial policies. If found guilty, AmBev could face a fine ranging from 0.1% to 20% of its revenue.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlso, in 2015, Ambev was tied to the Operation Car Wash corruption scandal in Brazil. However, Ambev products faced a massive tax increase that year, despite charges that the firm made "inappropriate payments" to two former Brazilian presidents to prevent the hike. However, the increase went into effect despite the allegation. To Vince Martin's point, that would either point to the company's innocence or highlight how poorly the firm has mastered the art of bribery. * 7 Stocks to Buy in November Secondly, Vince Martin also makes another great point about the Brazil beer market itself. Brazil was the only one of the company's regions to decline in the first six months of the year. It also accounts for more than half of company profits. Many blame an emerging craft beer scene amid overall growth in the beer market. However, this may have begun to recover as the Brazil region saw modest revenue growth in the third quarter.Third, ABEV stock has experienced a downtrend since peaking at more than $9 per share in early 2013. After recovering to the $7.25 per share range in March 2018, the stock tanked, falling below $4 per share by the end of that year. It has spent about 18 months trading in a range and sells for around $4.30 per share as of the time of this writing.These risks increase the uncertainty surrounding ABEV stock. As of now, the company supports a forward price-earnings (PE) ratio of around 20.5. This might seem high for a company expected to post no profit growth this year and a 10.5% earnings increase in 2020. 3 Reasons to Buy ABEVHowever, ABEV stock offers some reward for the risks. First, the current dividend yield stands at 5.2%, assuming the expected 24 cent per share gets paid. The company pays a varied dividend on a non-consistent basis. It seems especially inconsistent as it has not yet made a payout in 2019.Secondly, the aforementioned 20.5 forward PE comes in much lower than the multiple for Constellation Brands (NYSE:STZ) and Diageo (NYSE:DEO). It also offers a higher dividend yield than Molson Coors (NYSE:TAP). While not the cheapest alcoholic beverage equity, it offers some unique benefits for investors willing to invest.Third, revenue also continues to hold up well. In the recent quarterly report, profits fell by 15.8% year-over-year due to higher income taxes. However, overall revenue increased by 5.9%. The only region to experience a decline was Canada, where they face more intense competition from craft beer. It also saw its highest growth in the Latin America south region, which prospers despite the economic turmoil in Argentina. Should I Buy ABEV Stock?Investors have good reasons to both avoid or take a chance on ABEV stock. The risks associated with the legal and business environment in Brazil may give investors second thoughts about buying at current levels. However, it has offered a generous, if volatile dividend. It also trades well compared to other alcoholic beverage peers. Growth in some regions also points to its resilience.As customers and Ambev adapt to the higher taxes, I expect profit growth to resume. Moreover, given the revenue growth, I expect the downward move in ABEV stock to break at some point. For those wanting a beverage stock and do not mind the risk, they should consider Ambev stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Buy-and-Hold Stocks to Play Investing's Biggest Trends * 7 Stocks to Buy in November * 5 Strong Buy Stocks Under $5 With Massive Upside Potential The post Ambev Stock: 3 Significant Risks, 3 Reasons to Buy Anyway appeared first on InvestorPlace.

  • Reuters

    UPDATE 1-Brazilian beverage distributors file antitrust complaint against Ambev

    Beverage distributors working for Brazilian brewer Ambev SA have filed a complaint against the company at the local antitrust regulator Cade, accusing it of anticompetitive practices. "Ambev creates a closed and vicious cycle of control, determining resellers to work on the product mix they want, in the format, price and structure of their interest," Confenar's president, Ataíde Gil Guerreiro, said in a statement on Friday.

  • Brazilian beverage distributors file antitrust complaint against Ambev

    Brazilian beverage distributors file antitrust complaint against Ambev

    Beverage distributors working for Brazilian brewer Ambev SA have filed a complaint against the company at the local antitrust regulator Cade, accusing it of anticompetitive practices. "Ambev creates a closed and vicious cycle of control, determining resellers to work on the product mix they want, in the format, price and structure of their interest," Confenar's president, Ataíde Gil Guerreiro, said in a statement on Friday.

  • Reuters

    UPDATE 3-Ambev says price hikes to keep a lid on Brazil beer volumes in Q4 -CFO

    Brazilian beverages firm Ambev SA expects some of the headwinds that hurt third-quarter results to carry into the fourth-quarter, as recent prices hikes in its home country keep a lid on beer volumes, a company executive said on Friday. The largest brewer in Latin American has played down hopes of boosting its operating profit this year in Brazil, its largest market, where tougher competition and a still sluggish economy put pressure on beer sales. "It takes two to three months for the local market to adjust to price hikes, hence why we still see some headwinds carrying into the fourth-quarter," Chief Financial Officer Fernando Tennenbaum told Reuters in an interview.

  • Moving Average Crossover Alert: Ambev

    Moving Average Crossover Alert: Ambev

    Ambev could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • Reuters

    Ambev to launch Brazil's first canned water by year-end, executive says

    Brazilian beverage firm Ambev SA will launch its first canned water by year-end, following a global trend to step up recycling and phase out plastic containers as consumers shift towards greener alternatives, a company executive said. The move is part of a push by parent Anheuser Busch InBev to adopt more sustainable practices, and comes as other multinationals, such as Coca-Cola Co, PepsiCo and Nestle also launch canned water elsewhere. In Brazil, Ambev will start using its breweries in the southeastern state of Rio de Janeiro to produce its water brand AMA in aluminum cans to be distributed countrywide, its head of sustainability, Richard Lee, told Reuters in an interview.

  • Hedge Funds Are Warming Up To Ambev SA  (ABEV)
    Insider Monkey

    Hedge Funds Are Warming Up To Ambev SA (ABEV)

    Is Ambev SA (NYSE:ABEV) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting […]

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  • Ambev Stock Might Be the Best Beer Bet Heading into 2020

    Ambev Stock Might Be the Best Beer Bet Heading into 2020

    Back in April, I featured Brazilian beer company Ambev (NYSE:ABEV) in an article about the best large-cap stocks to own under $10. As I write this, Ambev stock is up 4.5%.Source: Daniel Spiess via FlickrThe two other stocks recommended: Ford (NYSE:F) is down 1.6% and Sirius XM (NYSE:SIRI) is up 13.7%. Over the same five months, the S&P 500 is up 2.5%, an indication that low-priced stocks did well over the summer.As for Anheuser-Busch (NYSE:BUD), who owns more than 60% of ABEV stock is up 6.9% over the same period, 240 basis points higher than its Brazilian subsidiary. However, year to date it's up 45.0% including dividends through Sept. 11, 2.4 times Ambev's total return for the year. InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith three-and-a-half months left in 2019, I'm wondering if ABEV, BUD, or some other beer stock is the best bet heading into 2020. Ambev Stock is the Best BetAmbev's 15-year total annual return is quite good, at 11.2%. That trails both its brewing peers and the Brazilian market at 13.5%. However, the entire U.S. market over this period could only muster a total return of 9.3%. * 10 Battered Tech Stocks to Buy Now My InvestorPlace colleague Vince Martin recently highlighted in an article in late August that Ambev has a much stronger balance sheet than its parent and is growing its normalized EBITDA on an organic basis at more than 10% per year. In the first six months of 2019, Ambev's revenues increased by 7.4%. Three of its operating segments: Brazil, Central America and the Caribbean, and Canada delivered growth while only the company's South American division (excluding Brazil) experienced declining sales. South America might be experiencing a craft beer boom but Ambev's holding its own in a very competitive market. It's also important to remember that Ambev also makes non-alcoholic beverage products. In the first six months of 2019, it grew this segment by 19.6%, accounting for 15% of Ambev's overall revenues. Although Ambev has only paid an eight-cent dividend so far in 2019, its goal is to deliver an average annual yield of 5%. Currently, its forward dividend yield is 5.2%. Over the long haul, buying ABEV stock under $5 should deliver above-average results, including the dividends. Bud's the CallEven though Budweiser might have a ton of debt on its balance sheet (its net debt at the end of June was $104.2 billion) it still managed to generate $9.1 billion in free cash flow in the first six months of the year. On an annualized basis over the trailing 12 months, BUD had $11.5 billion in free cash flow, $54.1 billion in revenue, and a free cash flow margin of 21.1%. This means it's generating 21 cents of free cash flow for every $1 of revenue.Anheuser-Busch said to be reviving its IPO plans for its Asian business, a move that's expected to raise $5 billion and give it additional liquidity on the remainder of its ownership stake, the company's giving itself financial flexibility to pay down debt, repurchase shares, buy a cannabis company, or countless other things it could do with the funds. The point is, Anheuser-Busch is the largest beer company in the world. Investors shouldn't have a problem with a dividend yield of 3.5% given the appreciation it's experienced so far in 2019. The Bottom Line on Ambev StockIf you're not sure which beer company to back, a good alternative would be to buy a thematic portfolio, either through an ETF, mutual fund, or third-party provider such as Motif Investing. Motif currently has a portfolio called "Take a Shot" that invests in makers of alcoholic beverages including BUD and ABEV, which account for 19.4% and 16.6% of the portfolio, respectively. Beer stocks account for 46.3% of the portfolio with wine and spirits, accounting for the rest.Over the past year, it's generated a return of 8.6%, better than both the S&P 500 and the Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ). At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post Ambev Stock Might Be the Best Beer Bet Heading into 2020Â appeared first on InvestorPlace.

  • On the Dip, Ambev Stock Looks Attractive but Risky

    On the Dip, Ambev Stock Looks Attractive but Risky

    It would appear there's a strong "buy the dip" case for Ambev (NYSE:ABEV) stock at the moment. Ambev stock has pulled back some 20% in barely a month on almost no news.Source: Daniel Spiess via FlickrReports in Brazilian media this month cited testimony that alleged the company was involved in the country's long-running corruption scandal, often referred to as Operation Car Wash. Ambev has denied any involvement. The company also pointed out that beverage taxes spiked in 2015 -- an increase the bribes ostensibly were meant to prevent. * 7 Tech Industry Dividend Stocks for Growth and Income Meanwhile, Ambev actually posted a blowout second quarter report last month, with Ambev stock touching a 52-week high on the news. A month later, the stock seems on track to touch a 2019 low. With a reported dividend yield of 5.5%, a more reasonable valuation, and potential growth in Latin America and Canada, the decline seems to present an opportunity.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat may be the case. ABEV is cheaper. Growth has been more impressive than it appears. But there are risks here, too -- risks highlighted by the recent decline. Investors should take a look at buying the dip in ABEV stock. They should also understand that the declines can continue. The Case for Ambev StockThere's a lot to like when it comes to Ambev stock. Valuation isn't necessarily cheap: the stock trades at 23.6x trailing twelve-month adjusted EPS. But EV/EBITDA, below 13x, is more attractive.In the context of the industry, those multiples are relatively benign. Anheuser-Busch InBev (NYSE:BUD), who owns over 60% of Ambev, trades at about 12x EV/EBITDA with a much weaker balance sheet. (A-B had to cut its dividend to manage its debt. Ambev has net cash.) Boston Beer (NYSE:SAM) trades at a massive premium to ABEV stock. Constellation Brands (NYSE:STZ,NYSE:STZ.B) trades at 21x forward earnings despite weaker growth of late.Investors usually are willing to pay a premium for beer or spirits companies because growth can last for decades. For a company like Ambev, whose leading brands in Brazil include Skol, Brahma, and Antarctica, that can be the case.Meanwhile, recent performance looks solid. Earnings took a tumble in 2016, owing to the aforementioned tax hike in Brazil. But normalized EBITDA, as the company terms it, increased nearly 9% year-over-year on an organic basis in the first half despite a big jump in input costs. That follows a 14% increase in 2018 on the same basis.To top it off, ABEV stock provides a solid dividend. Like many overseas companies, Ambev doesn't give a consistent payout. (In fact, it hasn't yet declared a dividend for this year, which is unusual.) But the 2018 payout totaled 12.6 cents - suggesting a 2.9% yield.So there's a nice combination of growth, value, and income -- at a cheaper price to boot. The Risks to ABEV StockThat said, the risks here need to be monitored as well. It's tempting to argue that the 20% decline from post-earnings highs came on no news, bribery allegations aside. But that doesn't mean they came for no reason.Over half of the company's profit comes from Brazil. (About 10% comes from Canada, where the company sells Lablatt beer. The remainder comes from elsewhere in Latin America and the Caribbean.) And investors have quickly soured on Brazilian stocks. The iShares MSCI Brazil Capped ETF (NYSEARCA:EWZ) has declined 14% in the past month.A weaker Brazilian real is an issue. But there is real emerging market risk here as well, with Argentina another sore spot. And so the fact that ABEV stock is cheaper than U.S. beer producers may not mean the stock is cheap. It probably should trade at a discount, given macroeconomic uncertainty and higher volatility.The other issue is the overall health of beer. Certainly, U.S. trends don't look particularly positive. Even SAM stock - which has gained over 80% - has benefited from non-beer growth.At the moment, the overall beer market in Brazil, at least, appears to be growing. But craft brewers are making inroads. The former 'set it and forget it' nature of buying beer stocks might be over -- as witnessed by the huge plunge in BUD stock last year.Both risks have hit ABEV stock hard in recent years. The case for ABEV wasn't terribly different last year at $7, or above $6 back in 2014. Returns for most shareholders, dividends included, have been negative over the past five years. Maybe this time is different; maybe ABEV stock finally is too cheap. Investors have said that before.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Industry Dividend Stocks for Growth and Income * 7 Stocks the Insiders Are Buying on Sale * 7 of the Worst Stocks on Wall Street The post On the Dip, Ambev Stock Looks Attractive but Risky appeared first on InvestorPlace.

  • 10 Stocks Under $5 to Buy for Fall

    10 Stocks Under $5 to Buy for Fall

    In most cases regarding equity investing, you want to stay with established names. Although cheap stocks to buy may tempt you psychologically - you get more shares for your buck - they're usually not reliable over the long haul. On the other hand, blue chips, with a patient enough timeline, have consistently returned solid gains.That said, on certain occasions and for risk-tolerant investors, cheap stocks do have a place in your portfolio. For instance, many lesser-capitalized companies fly under the radar. Thus, they might move in ways that don't necessarily correlate with broader benchmark indices. In a bull market, that spells trouble. However, in uncertain times like these, cheap stocks to buy may offer an unexpected hedge.Second, the most obvious appeal for cheap stocks are their price tags. If you look at your usual suspects in the S&P 500 or the Dow Jones, many of these equities have high paper values. And for some giants of industry like Amazon (NASDAQ:AMZN) or Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), they feature four-figure prices. Psychologically, it's more challenging to justify spending so much money for one share of a company.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThird, and on a related point, cheap stocks to buy are available for virtually all investors with a living wage. Sure, you can buy the aforementioned alpha dogs through brokerages specializing in fractional equity ownership. However, you'd have to go through a middle man, which may not make sense for some investors. * 7 Safe Dividend Stocks for Investors to Buy Right Now Finally, I think cheap stocks are fun. Because they don't generate as much attention, they force you to do your own digging, which offers intrinsic value.And if you don't have any ideas of your own, here are my picks for cheap stocks to buy. Ambev (ABEV)Source: Daniel Spiess via FlickrStereotypically, most people associate cheap stocks to buy - especially those under $5 - with soon-to-be worthless companies. However, that's not always the case, as beverage specialist Ambev (NYSE:ABEV) demonstrates. A Brazilian brewing company under the Anheuser Busch Inbev (NYSE:BUD) umbrella, ABEV stock is a few cents shy of breaking above $5.At this price point, ABEV stock is what most analysts would consider a penny stock. Still, I really like the value proposition here for two reasons. First, beverage experts predict that the Latin American beer market in which Ambev plies its trade will grow to nearly $125 billion in 2025. Moreover, consumers in this region have developed a taste for premium beers, which suits ABEV stock well.Second, Latin American demographics favor investments like ABEV stock. That's because this region features the greatest proportion of young people anywhere in the world. It is true that many economic challenges exist there, however, we're talking about beer, which isn't exactly a massive outlay of cash. Genworth Financial (GNW)Genworth Financial (NYSE:GNW) is a very interesting name among cheap stocks to buy for several reasons. As a former subsidiary of industrial conglomerate General Electric (NYSE:GE), GNW stock has some storied history. More importantly, Genworth is principally a mortgage insurer. With relative stability in the domestic economy, GNW seems like a solid bet for a penny stock.But these are really side issues for the true reason to speculate on GNW stock. Almost three years ago, China Oceanwide Holdings announced their intent to buy out Genworth. But since then, the proposed deal has been extended multiple times pending regulatory approval.In a bid to accelerate the process, Genworth recently divested its Canadian unit for 2.4 billion CAD. That skyrocketed the GNW stock price as the markets saw the move as a strong positive. * 15 Growth Stocks to Buy for the Long Haul That said, the deteriorating relationship between the U.S. and China is a problem. Thus, if you're going to gamble, gamble moderately. Kinross Gold (KGC)Source: Shutterstock As I alluded to earlier, cheap stocks to buy are usually that way for a reason. And while they're superficially attractive, their fundamental problems tend to outweigh the positives over the long run. However, I'm reasonably confident that Kinross Gold (NYSE:KGC) and KGC stock can prove to be that rare case where a cheap equity has a favorable risk-reward profile.The best part about KGC stock is that I don't really need to spend too much time arguing the bull case: geopolitical underpinnings do enough of that. As you're all aware, the U.S.-China trade war recently took a turn for the worst. And probably in preparation for this diplomatic downgrade, the Federal Reserve cut benchmark interest rates.Therefore, we have a situation where more money is chasing after fewer goods. That's very positive for gold and silver bullion, which have been disappointing investments for years. Further, I believe the industry tailwinds are strong enough to overcome the individual challenges impacting KGC stock. Lloyds Banking Group (LYG)Source: Shutterstock If we're headed toward a correction in the markets, I'm not sure if I want to hold finance-related investments. That's especially the case regarding cheap stocks in the financial industry. Nevertheless, I believe speculators should take a long look at Lloyds Banking Group (NYSE:LYG). Even in times of turmoil and confusion, I think LYG stock has favorable tailwinds.First, let's talk about the obvious: LYG stock is one of the U.K.'s most storied investments. You think you own shares of an old company? Lloyds' heritage goes back over 250 years. To put that into perspective, the U.S. wasn't a thing back then. And although heritage is no guarantor of long-term viability, I don't think the British would let Lloyds crumble. * 7 Stocks Under $7 to Invest in Now Second, LYG stock is incredibly undervalued. Levering an enterprise value of $113 billion, its current price-earnings ratio is less than 10-times trailing earnings. Sure, business has not gone well for the U.K. over the years. However, the selloff seems a bit overbaked. Hexo (HEXO)Source: Shutterstock One of my favorite marijuana-based cheap stocks to buy, Hexo (NYSE:HEXO) has incurred severe choppiness this year. And in my best attempt to catch a falling knife, I bought shares around mid-July. That did not serve me well, as Hexo stock veritably plunged, at one point dipping below $4.Admittedly, holding Hexo stock has been a painful experience. But I genuinely believe that the legal marijuana sector will spark a radical paradigm shift in the markets. During this time, the extraordinary bullishness should lift all boats, including smaller outfits like Hexo.And who knows? We might be witnessing this radical transformation as you read this. Currently, Hexo stock stands just a few pennies shy of $5. I don't think it will take much to move the needle north. * 8 Dividend Aristocrat Stocks to Buy Now No Matter What Hexo has an attractive partnership with Molson Coors Brewing (NYSE:TAP) to develop cannabis-infused drinks. This potentially gives the company an important foothold in the American cannabis market, where attitudes are shifting positively toward legalization. Sibanye Gold (SBGL)At time of writing, Sibanye Gold (NYSE:SBGL) is just a penny over $5. Technically, that disqualifies it from this list of cheap stocks to buy. However, I think most readers will agree with me that it's close enough to warrant consideration. Furthermore, SBGL stock fundamentally offers something that many other mining investments do not.First, let's talk about why SBGL stock took a severe tumble. Sibanye operates mining projects in multiple parts of the world, including the volatile South African market. And unfortunately for stakeholders, a labor dispute involving the underlying company's Lonmin mine caused the volatility. While labor unions demand higher wages, Sibanye claims that doing so would make the project economically unsustainable.Given how ugly these disputes can get, I can understand why people would avoid SBGL stock. However, because the precious metals market is rising sharply, there's a chance that both sides can reach an agreement later.Finally, Sibanye is one of the largest producers of palladium. This is one of the rarest metals on earth, and its spot price reflects it. Atlantic Power (AT)Source: Shutterstock In most cases, buying utility companies like Atlantic Power (NYSE:AT) make sense for their stable passive income. After all, nothing drives people crazier in this digitalized economy than not having power. Thus, utility firms represent reliable investments. However, AT stock doesn't quite fit the mold of this industry.For one thing, there's the fact that Atlantic Power doesn't pay out a dividend. Thus, this is a purely capital gains-based play. While that might startle some investors, keep in mind that the AT stock price is only $2.40. Therefore, we have some room for growth.Additionally, Atlantic Power has a very stable business. As an independent power producer, the company owns power generation assets in 10 states and two Canadian provinces. Furthermore, it usually does business with only large, creditworthy customers on extended contracts. * 10 Stocks to Buy on the Trade War Dip Finally, AT stock is currently at a low point. Earlier this year, shares briefly exceeded the $3 level. Thus, speculators have a chance to grab a quick profit. Blueknight Energy Partners (BKEP)Source: Shutterstock Due to the recent and rational decline in oil prices, investors may initially want to avoid Blueknight Energy Partners (NASDAQ:BKEP). Plus, the fact that it's one of the cheapest of cheap stocks to buy doesn't do it any favors. However, not all energy companies are built the same. Because of the variables involved, you may want to give BKEP stock a second chance.Primarily, I say this because Blueknight's main business is in midstream operations. Specifically, the company provides storage and processing services for crude oil products. This distinction separates BKEP stock from upstream and integrated energy companies in that Blueknight is less susceptible to price volatility. No matter what happens in the energy market, people still require energy to move around. Thus, midstream companies act as a critical pivot point toward the end delivery to the consumer.Plus, BKEP stock has been rising steadily since the first half of this April. With a share price of a little over a buck, Blueknight is certainly a tempting opportunity. XCel Brands (XELB)Source: Shutterstock Although I'm no expert, fashion is a brutal industry. Consumer trends can change on a dime. Therefore, a supply chain risk exists in that a product may arrive to the retail floor too late. But XCel Brands (NASDAQ:XELB) would like to change investors' perception of this sector.First, what does XCel do? I must say that the company does a terrible job of explaining its own business. Fortunately, we have CNBC contributor Krystina Gustafson, who describes the organization as a fast-fashion retailer like Zara or H&M, but geared toward upscale apparel and products.More critically for XELB stock, XCel hopes to disrupt the fashion industry by cutting the time involved from getting concept products into retail stores. Typically, a fashion company will take several months from blueprinting to distribution. XCel has dropped this process down to six weeks. * 7 Stocks the Insiders Are Buying on Sale You might think that's a game-changer for the industry, and it just might be. However, the risk (and the opportunity) is that the markets don't see it that way. Currently, XELB stock is trading hands for less than $2. BioDelivery Sciences International (BDSI)Source: Shutterstock I believe that BioDelivery Sciences International (NASDAQ:BDSI) stock has a lot of potential if you're willing to give it some patience. Also, it would help that you ignore the implications behind its sub-$5 price tag.Let's focus on the good news. BioDelivery Sciences has two main drugs in its pipeline: Belbuca and Bunavil. The former focuses on addressing chronic pain, which represents a major medical problem in the U.S. The latter addresses opioid dependence, which has rapidly escalated into a nationwide crisis.I'll grant you that there's something not right about a pharmaceutical company providing a solution to a pharmaceutical-based problem. However, I'm just going to look at this from a purely investment point of view. Demand for these two products, and especially for Bunavil, supports the speculative case for BDSI stock.As of this writing, Josh Enomoto is long LYG stock, HEXO stock, gold, silver, and palladium. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now The post 10 Stocks Under $5 to Buy for Fall appeared first on InvestorPlace.

  • Reuters

    UPDATE 1-Brazil's Ambev calls bribery allegations 'false and incoherent'

    Brazilian newspaper Estado de S. Paulo earlier reported that Antonio Palocci, a jailed former finance minister, had said in plea bargain testimony that the company made the payments to former presidents Luiz Inácio Lula da Silva and Dilma Rousseff. Palocci said he also received payments from the firm, according to the newspaper, which said it was the first time that Ambev, the Latin American and Canadian subsidiary of Anheuser Busch Inbev NV, has been caught up in the multi-year corruption probe known as Operation Car Wash.

  • Reuters

    Ex-Brazil finance minister says Ambev bribed two former presidents -report

    A jailed former finance minister in Brazil has said in plea bargain testimony that beverage giant Ambev SA made "inappropriate payments" to former presidents Luiz Inácio Lula da Silva and Dilma Rousseff, according to a newspaper report. Brazilian newspaper Estado de S. Paulo, citing confidential court documents, said former Finance Minister Antonio Palocci told federal police he also personally received payments from the company that he said were aimed at preventing an increase in beverage taxes.