|Bid||74.40 x 1100|
|Ask||84.00 x 900|
|Day's Range||79.92 - 80.80|
|52 Week Range||64.55 - 110.98|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||37.03|
|Forward Dividend & Yield||3.30 (4.09%)|
|1y Target Est||86.22|
AMBEV (NYSE:ABEV) does not get much attention, even though it is one of Brazil's largest companies. Consider that it has a market cap of about $71 billion. * 7 Marijuana Stocks to Play the CBD Trend Source: Shutterstock Then again, Ambev stock has been mostly a loser. During the past five years, the average return has been an awful -5.54%. And for the past 12 months, the return on Ambev stock has come to -36.85%. But hey, could there be a value play here? Maybe now is the time to think of an investment? Perhaps so. And to see why, let's get some background on the company. What Does Ambev Do?The origins of ABEV go back to the late 1990s when Brazilian brewer, Brahma, merged with Antarctica of Argentina. The merger was led by dealmakers Jorge Lemann, Marcel Telles, and Carlos Sicupira, the operators of private equity powerhouse 3G Capital. They have since been aggressive with their deal-making, scooping up a myriad of beer and beverage companies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe result is that ABEV controls dominant positions in Brazil, Argentina and Peru. The company also has an extensive portfolio of brands like Budweiser, Stella Artois, Beck's, Skol, Michelob Ultra, and Hoegaarden. They cover all the categories, from the high-end, premium and mainstream.As for 3G Capital, the firm has a disciplined approach to management, called zero-based budgeting. This involves justifying additional costs for each quarter. All in all, it's been an effective way to improve EBITDA.However, 3G's strategy has come under scrutiny. The reason? One of its high-profile investments, in Kraft Heinz Co (NASDAQ:KHC), imploded earlier this year. The company, which also had the backing of Warren Buffett's Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), reported a $15 billion write-down of various brands. There was also weak guidance and a significant reduction in the dividend. For the most part, Wall Street believes that the problems are due in part to overzealous cost-cutting.But regarding Ambev stock, there are no signs of chronic problems. Consider that the company has continued to grow at a decent pace - with revenues up 5.3% in the latest quarter -- despite economic problems in several countries, such as Argentina.OK then, but isn't beer consumption declining? Yes, this is true in the US market, especially with younger people. They are looking at alternatives, like wines, cocktails and even hemp-based offerings. This is why companies like Anheuser Busch (NYSE:BUD) have suffered steep declines in their stock prices.Yet, it's important to keep in mind that the beer market in the US is also at saturation levels. This is far from the case in South America, where per capita beer consumption is more than 10 liters below the average for the world (according to research from Global Data). All in all, there its lots of runway for growth. Bottom Line On Ambev StockThe fortunes of ABEV stock are mostly tied to Brazil, which represents a majority of revenues. And, interestingly enough, this could be good news.Why so? Well, look at Bridgewater Associates, which is the world's largest hedge fund. The firm recently indicated that Brazil could have the strongest growth this year.No doubt, if this prediction pans out, ABEV stock should get a nice lift. (Note that revenues are heavily dependent on GDP growth.) * 10 Monthly Dividend Stocks to Buy to Pay the Bills In the meantime, the valuation on ABEV stock is reasonable, with an 18 price-to-earnings ratio and a dividend yield of 5.28%. In other words, for investors looking for a play in the emerging markets, this looks like an interesting choice.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post Is Ambev Stock Due for a Strong Comeback? appeared first on InvestorPlace.
Monster Beverage (MNST) is well poised for growth, driven by momentum in the energy drinks business and strong international presence.
The ad, which ends with the tagline "In the real world, taste is what matters," is meant to show that while Bud Light lives in a fantasy world, people in the real world drink Miller Lite, according to Miller Lite vice president Anup Shah.
The Chicago-based brewer is trying to force Anheuser-Busch to stop airing a Bud Light corn-syrup ad campaign. Not gonna happen, says A-B.
Oh, brewers of Bud Light : you are hereby served notice that you are sued by the Miller Coors kingdom over the medieval corn syrup ads. What Happened MillerCoors, a subsidiary of Molson Coors Brewing Co. ...
The Legislature passed a bill paving the way for the program in 2017. These are the first significant steps since then.
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Brewing company MillerCoors sued Anheuser Busch Inbev ...
MILWAUKEE (AP) — A fight between beer giants escalated Thursday after MillerCoors filed a lawsuit against Anheuser-Busch that accused its rival of trying to "frighten" consumers into switching to Bud Light with "misleading" Super Bowl ads.
MillerCoors has filed a lawsuit against Anheuser-Busch Cos. Inc. over Bud Light’s Super Bowl commercials, which attacked MillerCoors' use of corn syrup.
Beer giant MillerCoors is suing beer giant Anheuser-Busch over a series of Bud Light ads that ran during this year’s Super Bowl.
MillerCoors is suing Anheuser-Busch InBev for its controversial Bud Light Super Bowl ad. The lawsuit is the latest retaliation from MillerCoors for the ad that shamed Miller Lite and Coors Light for using corn syrup during its brewing process. MillerCoors is seeking an immediate halt to the campaign, which it claims is false advertising.
Miller Lite’s latest ad assault on Bud Light picks up seconds after its larger rival’s biggest Super Bowl ad ended, imagining what happens after the commercial stops shooting. Instead of the Super Bowl, the commercial and another along the same lines will air during coverage of the NCAA men’s basketball tournament on TV and online. SA’s Bud Light used its medieval-themed “Dilly Dilly” campaign to associate competitors with corn syrup.
A new wave of Miller Lite ads from iconic Chicago ad agency DDB aims to effectively counter an aggressive Bud Light campaign that has aired for weeks.
In response to Bud Light’s Super Bowl commercials, Miller Lite struck back with a series of television ads of their own.
Anheuser-Busch InBev named Marty Barrington its new chairman and said the CEO of private-equity firm 3G Capital was leaving its board, part of a broader shake-up at the world’s biggest brewer as it struggles ...
How’s this for a mixed drink idea? Take one beer maker with sluggish sales looking to broaden its product offerings. Stir in a coffee and soda company hoping to shake things up. Add liquor. Keurig Dr. ...
Bud Light took on rivals about their use of corn syrup in a series of Super Bowl Ads, now Miller is striking back in court. Yahoo Finance's Myles Udland, Seana Smith and Dan Roberts discuss.