BUY Conviction3/5 Analysis quality55/100 now
The analyst recommends Molson Coors, noting its recent jump in market share due to the Bud Light backlash and its position as the fifth-largest beer company globally. Despite concerns about long-term growth, the stock is considered undervalued at 15 times forward earnings, especially compared to competitors, and offers a 2.44% dividend.
“even after the jump shares of Molson courts are still only priced at 15 times price to this year's expected earnings of 4.44 cents a share”