Added to YB: 2024-10-03
Pitch date: 2024-10-02
TAP [bullish]
Molson Coors Beverage Company
+8.53%
current return
Author Info
@blondesnmoney (aka cluseau) shares the stocks they are buying on Twitter and their newsletter. Sign up for the newsletter.
Company Info
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$11.5B
Pitch Price
$56.02
Price Target
N/A
Dividend
3.16%
Sector
Beverages
Category
value
Beer, Dividends, and Buybacks: Why Molson Coors (TAP) Could Be a Solid Long-Term Play
TAP: Beer co. trading at 9x fwd earnings, 3% div, 1-2% quarterly buybacks. Consistent low capex. Mgmt sees 'compelling valuation' amid strong performance. Debt at 5% for 9x P/E buybacks. Not exciting, but potential for decent long-term returns. 2,200 shares owned.
Read full article (1 min)