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
Anheuser-Bush InBev(BUD) produces, markets, distributes and sells a balanced portfolio of approximately 200 beer brands. This stock is trading up 1.1% to $64.76 in recent trading after hitting a 52-week high of $64.96 earlier in the day.
Today's Range: $64.35-$64.96
52-Week Range: $49.05-$64.64
Volume: 1.7 million
Three-Month Average Volume: 1.2 million
Anheuser-Bush InBev has a market cap of $103.13 billion and an enterprise value of $145.20 billion. The stock trades at a trailing price-to-earnings of 20.97 and forward price-to-earnings of 15.47. Its estimated growth rate for this year is 20.8%, and for the next year it's pegged at 10.6%. The current short interest as a percentage of the float for Anheuser-Bush InBev is extremely low at just 0.1%.
From a technical perspective, BUD is starting to flirt with a major breakout trade today now that this stock is moving above some past overhead resistance at $64.53 on heavy volume. Market players should now watch for BUD to sustain a high-volume move and close over 64.53 to $65 to signal that this stock wants to trend much higher.
At last check, the volume is already there today, so just look for a strong close in BUD near or above $65. If we get that action either today or soon, then look for BUD to make a run at $70 or higher in the near future.
BUD was also highlighted in "
5 Consumer Stocks Funds Love."