|Bid||0.00 x 900|
|Ask||0.00 x 1100|
|Day's range||63.26 - 63.60|
|52-week range||32.58 - 76.98|
|Beta (5Y monthly)||1.24|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||1.45 (2.24%)|
|Ex-dividend date||09 Jun 2020|
|1y target est||77.99|
Anheuser-Busch InBev (NYSE: BUD) announced on Monday that it is benching its Budweiser brand during the Super Bowl this year, the first time in 37 years that ads for its iconic brand will not make an appearance. Ads for Stella Artois and Cutwater Spirits will also be shown in some local markets.
Many people know Altria Group (NYSE: MO) as the tobacco conglomerate that owns the famous Marlboro brand. This stake is currently worth north of $13 billion and plays a big part in calculating the intrinsic value of Altria. While it can pay to diversify, Altria management should seriously consider selling its stake in Anheuser Busch.
This year has already started with a bang, and with a “blue wave” looming over the United States, three industries could be ready to explode