Which beer stock is a better buy?  By StockNews

Which beer stock is a better buy? By StockNews

Which beer stock is a better buy?  By StockNews

© Reuters. Ambev vs. Anheuser-Busch Inbev: Which Beer Stock is a Better Buy?

Because restaurants and bars in the US are almost fully operational now with the easing of COVID-19 restrictions, beer sales are expected to surge enormously this summer. Therefore, established brewers Anheuser-Busch (BUD) and Ambev (ABEV) should see an increase in demand. But which of these two stocks is a better buy now? Read more to find out. Based in Leuven, Belgium, Anheuser-Busch InBev SA / NV (BUD) produces, distributes and sells beer, other alcoholic beverages and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands including Budweiser, Corona, and Stella Artois. Headquartered in Sao Paulo, Brazil, Ambev SA (ABEV) produces, distributes and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malts and food products. Its segments include Brazil; Central America and the Caribbean; South Latin America; and canada.

The beer industry suffered a setback amid the COVID-19 pandemic as retail beer sales plummeted due to stadiums, concert halls, bars and restaurants being closed or operating with limited capacity. However, according to a study by The Beer Institute, the majority of beer consumption in Americans remained unchanged amid the pandemic. Beer consumption is expected to increase in the coming months with the reopening of bars and restaurants and a growing demand for new flavors. Therefore, we believe that both ABEV and BUD should benefit from increased demand this summer.

ABEV has gained 32.4% over the last year, while BUD gained 31%. Additionally, ABEV’s 38.3% gain over the last nine months is significantly higher than BUD’s 21.2% return. Furthermore, in terms of the performance of the last three months, ABEV is the clear winner with gains of 23.1% versus the 6.7% performance of BUD.

Continue reading on StockNews

Disclaimer: Fusion Media I would like to remind you that the data contained in this website is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investment possible.