Thursday, May 31, 2012

Investopedia: Premium Spirits Drive A Premium Valuation for Beam

With bad news seemingly rolling in every day about the economic conditions in one part of the world or another, I can understand the flight to quality/consistency that has pushed up some well-known names. But while I understand the appeal of a stock like Beam (NYSE:BEAM), I still don't want to overpay for an asset that is unlikely to bail me out with exceptional growth. So while Beam is certainly a global spirits company worth watching, it will have to pull back a fair bit before the valuation looks truly appealing.

Please continue here:
http://stocks.investopedia.com/stock-analysis/2012/Premium-Spirits-Drive-A-Premium-Valuation-For-Beam-BEAM-DEO-BF-B-STZ0531.aspx

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