Posted on 05/31/2023 12:41:24 PM PDT by Cronos
Shares of Bud Light’s parent company are now down more than 20% in the two months since the beer sent personalized memorabilia to transgender social media influencer Dylan Mulvaney,
...$26 billion. That’s how much market capitalization Anheuser-Busch has lost over the last two months.
CONTRA Despite the company’s stock slide, Wall Street remains fairly bullish on Anheuser-Busch; the nearly three dozen analysts surveyed by FactSet have an average price target of about $67 for the stock, implying roughly 25% upside and projecting it to hit its pre-controversy level
(Excerpt) Read more at forbes.com ...
“Sure... sometime way in the future after it blasts through $50 on its way to $40.”
LOL. A lot has to change before they can even start thinking about a stock price of $70.00 a share. I watched the stock prices of Kohl’s, Target, Bud, and Disney today and was happy to know that none are in our stock portfolio.
Sweet! A $26,000,000,000.00 can of beer! (What my Brit buddy calls near frozen gnats piss)
I watched the stock prices of Kohl’s, Target, Bud, and Disney today and was happy to know that none are in our stock portfolio.
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They’re not? They should be... Shorting BUD has been one of the easiest no-brainer investments I’ve seen in a long time!
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