Adding Anheuser-Busch InBev to Our Best Ideas List
We are adding Anheuser-Busch InBev to our Best Ideas list because we think the recent pullback in the stock offers compelling value to long-term investors. Both the Belgium-traded ordinary shares and the ADRs have fallen by 20% from their peak in late September, underperforming the consumer staples sector, which has been roughly flat over the same period, as measured by the S&P Consumer Staples Index. During that time, we have seen nothing that changes our opinion of the business' power to e...
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