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AmBev Drinks in Profits

 May 11, 2009 08:29 PM UTC
Return Risk
-13.40% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
ABV n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

By Claudio Freitas, CFA

We are maintaining our Buy recommendation on Companhia de Bebidas das Americas, or AmBev (ABV). The company posted good results for the first quarter of 2009 with excellent results in the key Brazilian market. InBev's acquisition of Anheuser-Busch was positive for the company as it creates huge synergies.


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