#2 - Anheuser-Busch InBev (NYSE:BUD)
Anheuser-Busch InBev SA/NV (NYSE: BUD) is the largest brewer in the world. The company’s portfolio includes seven of the top 10 most valuable beer brands. The company also has 21 brands in its portfolio with annual retail sales of over $1 billion.
Those numbers carry more weight at a time when global beer sales are down. And with the proliferation of microbreweries and craft beers, consumers have more choices in the category.
Unquestionably, Anheuser-Busch benefits from partnerships like the one it enjoys with the National Football League. That partnership is a key reason that the company’s Bud Light brand continues to be the top beer brand in terms of volume sales. The company is also well positioned for the trend towards the premiumization of beer, with many brands like Michelob and Stella Artois under the company’s umbrella.
Putting all that aside, BUD stock has been a difficult hold over the past five years. The total return is negative 23.51%. And after three quarters of reporting in 2024, the stock is down 12%. However, that decline came from three markets, the largest being China. Otherwise, the company reported revenue growth in more than 60% of its markets.
About Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.
Read More - Current Price
- $56.52
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $79.00 (39.8% Upside)
