Wednesday, December 15, 2010

Boston Beer Company Looking Good

This just in:

Brewery stocks are in focus today after Boston Beer (SAM 95.60, +10.85) raised its forecast for its 2010 profit to $3.30 to $3.60 per share after forecasting a profit of $2.85 to $3.15 per share on November 4th. Shares of Molson Coors (TAP 50.64, +0.90) are seeing a nice bounce on the news, while Anheuser-Busch Inbev (BUD 57.36, -0.53) is trading lower.

Must be all those $20 bottles of Infinium they're sellin'!

But 95 a share, SAM looks awful pricey...

I'm just wonderin': how long is it gonna be before some other craft breweries go public?

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