The pullback in AB InBev’s stock price is a compelling opportunity for long-term investors.
Anheuser-Busch represents one of the strongest franchises in global consumer staples, with a wide economic moat, and should appeal to long-term investors at today’s price.
Long-term drivers remain intact, and we expect the company's wide economic moat to ensure that current headwinds are temporary.
The deal, for a total consideration of $47 billion, or $56.50 per share, would slightly enhance British American Tobacco's competitive positioning.
The wide-moat firm offers a modest upside to our fair value estimate, though we recommend waiting for a wider margin of safety before building a position.
The acquisition gives this wide-moat consumer-product maker additional exposure to premium-priced products, which should round out the price mix of company's household and personal care portfolio.
The asset swap with Ambev should be beneficial to moats and margins.
The stock looks fairly priced, so we'd wait for a dip to invest.
After another strong year for consumer defensive stocks, the sector remains relatively less attractive than our overall universe.
The proposed merger between Anheuser-Busch InBev and SABMiller would create a powerful business with enviable economies of scale, writes Morningstar’s Phil Gorham.
Best-in-class scale and brand loyalty make this wide-moat firm a consumer staples standout.
With dominant market positions in Latin America and best-in-class EBIT margins, wide-moat Ambev is a stock investors should keep an eye on.
The home-improvement retailer's shares look attractively priced.
We think this wide-moat firm has room to improve its operational efficiency.
Amid the current challenging environment for defensive names, we see several opportunities for long-term investment in wide-moat companies at reasonable discounts.
But relatively undervalued stock could provide a safe haven if investors turn defensive as a result of sluggish macroeconomic data.
Firm's results beat expectations, but we think its North American pricing targets will prove to be too optimistic.
As the consumer picture darkens again, economic moats are more important than ever.
Our investment thesis that the multiple gap with Coca-Cola should close may soon play out.
Hedge the next market swing with our paired trade idea: long Pepsi, short Hansen
Credit and equity investments to play amid scrutiny of the menthol category.
As confidence trickles back, consumers could bear the burden of rising costs in 2011.
Despite a runup in stock values, tobacco dividends are still attractive.
Bottler acquisitions bolster dominance, but we think Pepsi's the better buy.
As the global economy recovers, consumption growth in developed markets is proving very sluggish.
New bans and taxes are on their way.
After months of denials, Coke is to replicate Pepsi's consolidation strategy.
Exploit the changing soft drinks landscape by investing in the category leaders.
The market is overlooking the long-term stability of Big Tobacco's cash flow generation and strong returns on invested capital.