PBJ - Invesco Dynamic Food & Beverage ETF
| Previous Close | 35.23 |
| Open | 35.28 |
| Bid | 34.67 x 1000 |
| Ask | 35.05 x 1000 |
| Day's Range | 35.06 - 35.28 |
| 52 Week Range | 28.44 - 35.79 |
| Volume | 4,302 |
| Avg. Volume | 6,868 |
| Net Assets | 72.58M |
| NAV | 34.97 |
| PE Ratio (TTM) | N/A |
| Yield | 1.06% |
| YTD Return | 18.01% |
| Beta (3Y Monthly) | 0.64 |
| Expense Ratio (net) | 0.63% |
| Inception Date | 2005-06-23 |
- InvestorPlace
5 Restaurant ETFs to Sink Your Teeth Into
There are dozens of upon dozens of industry exchange traded funds (ETFs) on the market today. These products range from the benign and prosaic, including aerospace and defense, biotechnology and internet stocks, to the controversial (think casinos and cannabis, just to name a few) and everything in between.What is interesting about the current lineup of industry ETFs is that there are no dedicated restaurant ETFs. Once upon a time, there were, but those funds didn't gain traction with investors and went to the ETF graveyard, indicating that not all themed ETFs will find receptive audiences.ETFs or not, some restaurant stocks, broadly speaking, are soaring. McDonald's (NYSE:MCD) is one the best-performing names in the Dow Jones Industrial Average this year. Starbucks (NASDAQ:SBUX) recently hit record highs and Chipotle Mexican Grill (NYSE:CMG) has regained its growth story status.InvestorPlace - Stock Market News, Stock Advice & Trading TipsData support the restaurant stock these. About 56% of Americans go out to eat or have food delivered two to three times a week. By some estimates, a third of all Americans indulge in fast food everyday. Yes, there's plenty of controversy surrounding fast food companies, but there's also ample credibility in the restaurant investment niche. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars In lieu of dedicated funds, here are some pseudo restaurant ETFs to consider. Invesco Dynamic Leisure and Entertainment ETF (PEJ)Source: Shutterstock Expense ratio: 0.63% per year, or $63 on a $10,000 investment.The Invesco Dynamic Leisure and Entertainment ETF (NYSEARCA:PEJ) is a more than adequate replacement for a dedicated restaurant ETF. The fund holds 30 stocks, 11 of which are restaurant fare. That group includes the aforementioned Chipotle, McDonald's and Starbucks as well as several other fast food and fast casual names.PEJ follows the Dynamic Leisure & Entertainment Intellidex Index and that benchmark "is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value," according to Invesco.What that means is that PEJ status as a restaurant ETF is fluid. Potentially, there will be times when the fund holds more than restaurant stocks than it currently does and times when its restaurant exposure is than it is today. Invesco Dynamic Food & Beverage ETF (PBJ)Source: Shutterstock Expense ratio: 0.63%The Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ) is very similar to the aforementioned PEJ. However, PBJ is a little bit less of a restaurant ETF. Both ETF follows the same index methodology, but PBJ has a significantly larger tilt to the consumer staples sector.That said, PBJ does allocate over a quarter of its weight to consumer discretionary stocks, the sector where restaurant names reside. As such, six of the fund's seven consumer cyclical holdings are dining out names, giving PBJ some chops as a restaurant ETF. * 7 Momentum Stocks to Buy On the Dip Restaurant stocks in this fund include Chipotle, McDonald's and Starbucks as well as Yum! Brands (NYSE:YUM), among others. Global X Millennials Thematic ETF (MILN)Source: Shutterstock Expense ratio: 0.50%Due to the dearth of true restaurant ETFs, some stretching is necessary here. The GlobalX Millennials Thematic ETF (NASDAQ:MILN) is a stretch as restaurant ETF as just 5.30% of its weight is allocated to the industry and about 60% of that exposure is devoted to a single stock -- Starbucks -- but there are some other reasons to consider MILN.MILN touches a broad range of sectors and themes that millennials are driving, including "social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services," according to Global X.MILN may not be the restaurant ETF some investors are hoping for, but it is a nifty, tactical play on a burgeoning demographic that's growing its wealth and spending power. Plus, MILN is up 29% year-to-date. That's pretty impressive. Invesco S&P SmallCap Consumer Discretionary ETF (PSCD)Source: Shutterstock Expense ratio: 0.29%In terms of number components, the Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ: PSCD) is a realistic alternative to a true restaurant ETF. More than 10 of PSCD's 97 holdings are restaurant stocks, reflecting the small-cap status of many of dining names.Perhaps surprisingly, PSCD's allocations to growth and value stocks are nearly even. That's noteworthy because the consumer discretionary sector is usually seen as a growth destination. Add in the small-cap overlay, and that growth profile is often enhanced. * 7 Tech Stocks You Should Avoid Now There are some risks with PSCD. It's usually more volatile than a traditional, broad-based small-cap ETF. Second, because it's a small-cap fund, Amazon.com (NASDAQ:AMZN), the king of large-cap consumer cyclical stocks, doesn't reside in this fund, creating a performance gap relative to large-cap competitors. Principal Millennials Index ETF (GENY)Source: Shutterstock Expense ratio: 0.45%Another millennials fund and another stretch to restaurant ETF reality, but the Principal Millennials Index ETF (NASDAQ:GENY) holds a few restaurant stocks and is cheaper than its aforementioned rival."They [Millennials] communicate heavily on social media platforms, consume hours of digital content per day, are physically very mobile, prefer to shop online rather than in stores, tend to be more health-focused than members of other generations, and prefer experiences over physical goods," says Nasdaq.The experiential element of millennial proclivities could bode well for restaurant shares going forward and GENY has more of a global kicker than the rival millennials ETF. GENY, which follows the Nasdaq Global Millennial Opportunity Index, allocates about half its weight to ex-US stocks while MILN mainly a domestic fund."We believe that the companies that effectively cater to Millennials' predilections will penetrate a consumer base of 90-million strong and therefore are more likely to outperform the broad market over the long term," according to Nasdaq.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post 5 Restaurant ETFs to Sink Your Teeth Into appeared first on InvestorPlace.
- InvestorPlace
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.
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Add Some Excitement To Your Consumer Staples Investing With This ETF
Amid geopolitical tensions, investors have been scampering out of high beta, cyclical sectors to low volatility, defensive destinations. Just a few dozen U.S.-listed ETFs hit record highs on Tuesday. One of those funds was the Invesco Dynamic Food & Beverage ETF (NYSE: PBJ), a more exotic interpretation of the standard consumer staples ETF.
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3 Positive Charts for Food and Beverage Stocks
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ETFs & Stocks for a Green Portfolio on St. Patrick's Day
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US Jobs Off to a Great Start to 2019: Sector ETF Winners
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3 Charts That Suggest Food and Beverage Stocks Are Headed Lower
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Starbucks Posts Strong Q1 Earnings: ETFs to Watch
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