Amidst all of the gloom, doom and boom in the world these days, there is one inevitable constant. People drink. People drink to celebrate, to mourn, to console, to toast, and sometimes, just to pass the time. Though no business is truly immune to economic conditions, investors can look towards alcohol companies as a relative source of stability in very unstable times.
Beer
AmBev (NYSE:ABV), a subsidiary of Anheuser-Busch InBev (NYSE:BUD), is not only the dominant brewer in much of Latin America, but one of the most profitable beverage companies in the world. Ridiculously efficient, AmBev should benefit not only from leading brands, but the relatively low per-capita consumption in its markets. Investors will also be pleased to know that the company has to distribute at least a third of its earnings to shareholders in profitable years.
Here's the full text of the column:
http://stocks.investopedia.com/stock-analysis/2010/A-Market-That-Will-Drive-You-To-Drink-ABV-BUD-HINKY-LVMUY-STZ-DEO-CEDC0531.aspx
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