Sunday, September 16, 2012

Record Highs!


Anheuser-Busch InBev SA/NV - 85.37

Molson Coors Brewing Company - 45.87

The Boston Beer Company - 109.19

Dow Jones Ind. Ave. - 13,306.64

S&P 500 - 1,437.92

NASDAQ - 3,136.42

My last week prediction that stocks would increase due to the season opening for football. And with the exception of BUD, they did. I assume that the stock prices for the brewing industry will quietly increase, or stay relatively the same in the coming months. I still insist for the brewing companies on putting money into promotional items, and sponsorships for the NFL.

Other news this week has happened in the Molson Coors Brewing Company. They have been recognized for being named to the Dow Jones Sustainability North America Index (DJSI) for the second consecutive year. TAP being one of the 140 companies to be on the North America Index. The DJSI is an assessment of certain criteria including the economic, social, and environmental successes. The price for TAP stock has also hit a 52-week high. I can only see from here, that the stock price keeps rising throughout the year.

 

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