This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Emerging-Market ADRs Recover

2. Companhia de Bebidas das Americas - AmBev (ABV) along with its subsidiaries produce, distribute and sell beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated products in 14 countries across the Americas. The stock leaped 4.9% last week.

For the second quarter 2011, the company recorded net sales organic growth of 6.2% to $3.6 billion mainly due to price increases across regions. Profit for the quarter increased 20.4% to $0.67 billion from the year ago quarter. EBITDA during the quarter recorded a organic growth of 9% while margin levels expanded by 110 basis points.

Also, during the past week Morgan Stanley maintained its equal weight rating on the stock. It further added that despite not being a great second quarter, the management is sticking to price increases and controlling costs amid a slower volume environment than expected.

Of the 12 analysts covering the stock, 67% recommend a hold while the rest rate a buy on it. There are no sell ratings on the stock. Analysts polled by Bloomberg project 12.4% upside to $34.06 in value from current levels.

5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CSKI $0.06 -75.00%
CAAS $7.16 0.00%
CTSH $59.73 0.00%
IGTE $45.85 0.00%
SORL $3.66 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs