Real Money Radio: BUD's Good Brew
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On Tuesday, Anheuser-Busch (BUD Quote) announced that, contrary to what people were saying, the company is not in decline, Jim Cramer said on his "RealMoney" radio show Wednesday.
Cramer said he was consequently struck at how positive the news was and the better-than-expected numbers the company talked about.
But then he read a business brief in The Wall Street Journal Wednesday morning which discussed the company's decline in international brewing because of problems in the U.K. However, after continuing through the paper, Cramer said he came across a story about how Anheuser-Busch stock went up 75 cents because it reiterated its long-term target for growth in earnings per share. ...
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