This article originally appeared on Traders Reserve . In addition to their reputation for tenacity, toughness and perseverance, the Irish are known for their love of beer. And there’s no day that is more evident than today — St. Patrick’s Day. In fact, this holiday has become a favorite among partygoers of all nationalities. It seems as though everyone wants to celebrate the Irish on March 17, and a large number of Americans do so each year with a toast of their favorite alcoholic beverage. In honor of St. Patrick’s Day, I’ve put together a list of my favorite beer stocks. So before you order up the drinks, why not take a look? I have a feeling these stock picks could have you seeing a lot more green this year. Beer Stock #1 – Anheuser-Busch InBev (BUD) Everyone knows — and nearly everyone has sampled — the adult beverages made by Anheuser-Busch InBev (NYSE: BUD ). The company’s flagship products are the Budweiser and Bud Light beer brands, but the company has a portfolio of many of the world’s best-selling brews. In fact, Anheuser-Busch InBev is the world’s largest brewer. Though the company was hurt by a slowdown in consumer spending during the economic downturn, it expects to see much-improved sales in 2011, and that improvement could well begin on St. Patrick’s Day. Beer Stock #2 – Boston Beer Co. (SAM) Boston Beer Company (NYSE: SAM ), makers of the Samuel Adams brand of beers, is a true American success story. The company’s brands also have become a favorite of beer connoisseurs around the world, and they are among the go-to beers with the more sophisticated microbrew drinker. Although the company just reported that fourth-quarter profits essentially doubled over last year, the results were slightly below Wall Street expectations. And though the shares sold off on the news, that sell-off could represent an attractive entry point for bullish traders who want to own this beer stock.
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Thursday, March 17, 2011
5 Beer Stocks You Want on Tap
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