|Bid||240.00 x 1300|
|Ask||400.00 x 800|
|Day's Range||285.86 - 296.73|
|52 Week Range||185.55 - 329.95|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||36.56|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||277.42|
Ceria Brewing Company releases weed-infused beer. Yahoo Finance's Zack Guzman & Jeanie Ahn, along with Bevel CEO Jessica Schaefer discuss with Fmr. Blue Moon Brewmaster Keith Villa.
Should investors keep betting on the consumer? One hot Wall Street trade, with CNBC's Bob Pisania and Melissa Lee, and the Fast Money traders, Tim Seymour, Karen Finerman, Brian Kelly and Steve Grasso.
Boston brewer Sam Adams is dedicating a new beer to Justice Ruth Bader Ginsburg, named after one of the liberal judge's comments about gender and the court.
Boston Beer (SAM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
BOSTON, March 18, 2019 /PRNewswire/ --The Boston Beer Company, Inc. (SAM) announced today that Meghan V. Joyce has been appointed as a Director of the Company, effective March 14, 2019. Ms. Joyce, 34, has spent the past six years at Uber, Inc., a tech company headquartered in San Francisco. From 2017 to 2019, she has served as Regional General Manager for Uber US & Canada Cities, responsible for business outcomes and rider and driver experience in communities across the United States and Canada.
Brown-Forman's (BF.B) bottom-line results in third-quarter fiscal 2019 reflect gains from cost discipline. However, effects of retaliatory tariffs on American whiskey are visible in its sales results.
Zacks.com featured highlights include: Materion, Boston Beer , Nu Skin, Darden and Comfort Systems
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than that by picking better thanRead More...
AB InBev's (BUD) top and bottom lines for the fourth quarter gain from ongoing revenue management initiatives along with strong performance of premium brands.
Stocks fell on Thursday morning but are doing their best to shake off the losses. Investors are still trying to weigh a pausing Fed and an improving trade situation with the giant rally already seen in U.S. stocks. But that still leaves a number of must-see stock charts for us to examine as the indices teeter on a potential pullback. Must-See Stock Charts 1: NikeNike (NYSE:NKE) is in the news Thursday, as its share price sinks 1.5%. But the stock's decline isn't the reason Nike's in the news. Rather, the company is making headlines after college basketball's biggest player, Duke's Zion Williamson, had his Nike shoe "blow out" on him just seconds into Duke's big game vs. North Carolina.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Healthy Dividend Stocks to Buy for Extra Stability Not only did Duke lose the game, but they have lost Williamson to injury for the time being. We've now got Nike shares -- very conveniently I might add -- pulling back from resistance near $86. Sometimes the news lines up a little too perfectly.In any regard, we're now looking for support. Will the 20-day moving average be enough to prop up NKE? Perhaps, provided the overall market holds up too. But with the latter seemingly coming under pressure, We could see a juicy pullback in Nike down the $79 to $80 level. See how it handles the 20-day first. If it holds, a retest of the highs could be in the cards. Must-See Stock Charts 2: TeslaExecutive departures and Consumer Reports pulling its recommendation for the Model 3 are whacking shares of Tesla (NASDAQ:TSLA) on Thursday, which are down more than 3%.Worse though, the stock is below $300 and threatening a big-time support level at $290. This $290 to $300 area (and more loosely speaking $290 to $310) has been a very important area for Tesla.The stock has been locked in a downtrend since early December, with higher lows and higher highs spelling out a chart that gets more bearish by the week. It doesn't help that Tesla will almost surely close below $360 on March 1st, obligating the company to pay back its $920 million in convertible debt with cash rather than stock. Between that and a somewhat disappointing earnings result, shares seem starved for a positive catalyst.All I can say is this: Below $290 and the $275 to $280 level is in play. But below that and we may not see the bulls make a substantial stance until Tesla's down in the $250 to $260 range. Must-See Stock Charts 3: Newmont MiningGold has been on fire, which is giving Newmont Mining (NYSE:NEM) some extra zest. It helps that the company reported a top- and bottom-line beat on Wednesday afternoon, leading to a modest rally in the stock.Shares are up plenty from the January lows and NEM, at least for now, is having trouble pushing higher. Just over the 50% Fibonacci retracement level now, NEM technically has nearby support. If it holds, look for a push up to $36.67, the 61.8% retracement of the 52-week range. That level also draws in what was a rough support level in the first six months of 2018.What happens if the 50% Fib gives way? I wouldn't stake a huge claim to this level holding in the first place, but should it fail, there should be plenty of support below. For those that can live with a 5.5% loss from current levels, they can use a stop-loss on a close below $33.50. More conservative bulls may wait for a pullback into the $34 area to take a better/risk long position in NEM. Must-See Stock Charts 4: Boston BeerInvestors are saying "Cheers!" on Thursday to Boston Beer (NYSE:SAM), which is up more than 13% after the company beat earnings expectations. While the rally is solid, SAM is sporting an RSI near 80 and coming up to downtrend resistance (blue line).Bears can consider a solid risk/reward short bet with a stop-loss on a close over resistance. Likewise, bulls can buy on a breakout over resistance. Otherwise, the latter should wait for some consolidation and/or a pullback before getting long. Must-See Stock Charts 5: HormelShares of Hormel (NYSE:HRL) are down 3.5% after missing earnings and revenue estimates but reaffirming its 2019 outlook. The quarter was a bit of a mixed bag and leaves Hormel's chart showing some confusion.Just when it looked like shares were going to breakout over $44 after having already broken over downtrend resistance (blue line), the stock has broken back down. It's now below $44 and downtrend resistance, while clinging to uptrend support (black line).There's another uptrend line nearby drawn in purple, but the direction of the overall market may drive HRL in the short term. Rather than buy now, I'd prefer to see how HRL shakes out over the next few days. If buyers can get it closer to $40, it may be a worthwhile long. * The 10 Best Cheap Stocks to Buy Right Now Let's see how the S&P 500 does the next few days as well, as we may get our much-need pullback.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post 5 Must-See Stock Charts for Friday: Newmont, Nike, Tesla appeared first on InvestorPlace.
My stance on Boston Beer Co. SAM is simple. After reporting fourth quarter earnings results on Wednesday, Boston Beer's stock is up a bolstering 13% today at the time of writing. There is certainly much to praise in the fourth quarter release.
For Boston Beer, that has meant trying to sustain enthusiasm for Sam Adams while developing new brands. In the fourth quarter, the company noted, the Truly Hard Seltzer, Twisted Tea, and Angry Orchard brands offset declines at Sam Adams. The focus on people ostensibly seeking healthier alternatives also echoes themes we saw in the Monster story.
Boston Beer earnings for the fourth quarter of 2018 has SAM stock heading higher on Thursday.Source: Phil Dubois via Flickr (Modified)Boston Beer (NYSE:SAM) reported earnings per share of $1.86 for the fourth quarter of the year. This is down from its earnings per share of $2.57 in the fourth quarter of 2017, which included a one-time benefit from the Tax Cuts and Jobs Act of 2017. Despite the drop, it was good news for SAM stock by beating out Wall Street's earnings per share estimate of $1.70 for the period.Net income reported in the Boston Beer earnings release for the fourth quarter of 2018 was $21.81 million. This is a drop from the company's net income of $30.53 million reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBoston Beer earnings for the fourth quarter of the year also includes operating income of $28.85 million. The company's operating income from the fourth quarter of the previous year was $14.86 million.The Boston Beer earnings report for the fourth quarter of 2018 also has revenue coming in at $225.22 million. This is an increase over the company's revenue of $206.32 million reported during the same time last year. However, this is below Wall Street's revenue estimate of $227.86 million for the quarter, but that wasn't able to keep SAM stock down today. * 7 Healthy Dividend Stocks to Buy for Extra Stability Boston Beer also provides its outlook for the full year of 2019 in its most recent earnings report. The beer brewing company is expecting earnings per share between $8.00 and $9.00 for the year. Wall Street is looking for earnings per share of $8.51 for 2019.SAM stock was up 12% as of Thursday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Boston Beer Earnings: SAM Stock Surges on Strong Q4 appeared first on InvestorPlace.