$BUD

V

vanzandt

Anheuser-Busch ADR.
2.3 X forward sales.
19.7% profit margin
2.74% Dividend.
Whats not to like?
Good 401K stock.
Wait for $70-$71 though.
Its at $73 now. You could open a 25% position in case this is the bottom.
That chart is ugly though.

March $75 calls are bringing $1.67.
Buy now and sell those calls maybe.

*I'm not seeing any data on how much debt they have though. I guess it doesn't matter as long as those margins stay intact. Gotta dig into that however.
 
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$69.50.
It's caught in the downdraft. Buy it. That's 2012 levels.
They report this week. 2/27

Pfff... if CoronaV gets worse.... Dr. Jerome Powell will have his own unique version of a vacine... 2 more (unanticipated) rate cuts.
Company's will be buying back their stock hand over foot with cheap money until the cows come home.

If you have a long term investment account, 401K, IRA, whatever... put Inbev (Budweiser) in it. Its on sale today. $69/keg.
 
The report was so-so.
Its at $60 pre-market.
We'll see what happens.
I'm tempted to go long, but it could really spike down at the bell, so any stop would be triggered, and you never know if its gonna stay down.
Hmmm.

Anyway... its still a good buy for the 401K's. This too shall pass. I think. Maybe not. In that case it won't matter anyway right?

I always say there's no easy money to be made, and so many people out there are now conditioned to seeing the V-shaped recoveries. I don't think we're gonna get one this time.
Good thing the Fed has a little dry powder left.
 
Heck with Etsy today, I'm long and holding over the weekend @56.45.
I'm not one to catch a falling chainsaw, but this thing has to be near a bottom.
Famous last words I know, but this isn't a high flying tech stock for pete sake. It's Inbev. Corona Beer.
Anyway... I'm in. No stop below set just yet.
Probably dumb.
 
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