Molson Coors Brewing Company - 45.05
The Boston Beer Company - 111.97
Dow Jones Ind. Ave. - 13,437.13
S&P 500 - 1,440.67
NASDAQ - 3,116.23
In this past week, we have seen a decrease in stock prices
of the brewing industry. This is part due to an increase in demand for beer.
With football, Oktoberfest, and other fall activities, the price of producing
beer is increasing. This is what drives the price higher in your nearest
supermarket, or gas station. It is the simple law of supply in demand. However,
with this slight decline in stock prices, now is the time to buy!! The Boston
Beer Company, known for its craft beers, would be a good company to invest in
because of a recent increase in popularity of craft brews. I can still predict
an increase in stock prices of the craft beer breweries. New seasonal beers are
just hitting the market this week as we step into October. Also let’s not
forget about Oktoberfest. We should see an increase in stocks also due to the
millions of liters of beer being consumed.
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