Today I posted my two-hundred-and-fourth YouTube video.
This week’s Quick Pick is Anheuser-Busch Inbev (NYSE: BUD). Beer is a good counter-cyclical consumer good because demand for beer doesn’t really go down during a recession. Anheuser-Busch is a conglomeration of beer companies, including Anheuser-Busch and Miller, as well as brands across Europe and a near-monopoly in Latin America–where they look to be getting a lot of good growth. Ambev SA (NYSE: ABEV) is the Brazil beer company (where Anheuser-Busch owns a majority stake) that trades at less than 3 with more volatility. Morningstar rates Brazilian Ambev as 7% undervalued while Anheuser-Busch (BUD) is about 42% undervalued. In this environment, I’ll be adding BUD to my portfolio, since it’s trading at a higher discount with a more global reach.
Here’s the link:
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