Wednesday, May 10, 2023

Anheuser-Busch (BUD) versus the beer industry and the stock market

 Anheuser-Busch (BUD) compared to the beer industry and the stock market

There are five major "Brewery" stocks listed on the US stock market. The 5 companies, according to The Global Industry Classification System (GICS), are listed alphabetically as follows:

SymbolCompany Name
ABEVAMBEV S.A
BUDAnheuser-Busch In Bev SA/NV
SAMBoston Beer Company Inc.
CCUCompañía de las Cervecerías Unidas SA
TAPMolson Coors Beverage Co

In this post, we rank the stocks compared to Anheuser-Busch In Bev aka "Bud". Additionally, we add The S&P 500 Index ETF (SPY) and The Nasdaq 100 Index ETF (QQQ) for relative strength comparison.

The relative strength comparison metric is a 200 day moving average, where the stock price is indicated as a percentage above or below, sorted by strength. This is not a prediction and is not a forecast. The is pure trend following (see The Trend Following definition tab above), this is not fundamental analysis. 

The ranking:

SymbolCompany Name200 day % above/below
CCUCompania Cervecerias Uni17.1
TAPMolson Coors Brewing Co10.1
BUDAnheuser-Busch InBev0
QQQNasdaq 100 Index ETF-1.1
SPYSPDRs S&P 500 ETF-6.3
ABEVAmbev S.A.-8.5
SAMBoston Beer Co-20.7

No comments:

Post a Comment