Molson Coors Brewing Company - 44.20
The Boston Brewing Company - 106.85
Dow Jones Ind. Ave. - 13,328.85
S&P 500 - 1,428.59
NASDAQ - 3,044.11
Since 2008, when our economic
recession started, quantity of beer sold and consumed did not fluctuate
as much as people might think. The quantity did not change, the expectation
did. The amount of beer companies sell and the price they sell at does not have
anything to do with the stock price. Stock price changes because of the
anticipation of selling and the current economic dilemma. Yet the stock values
of the companies were half of what they are today. An example on July 9th 2009,
the closed stock value of the BUD was 40.15. This week’s closed value was
86.82. It has more than doubled. This is due to the state of our great nation’s
economy. Since our recession in 2008, beer stocks have seen a steady increase
in value since then. As I talked about in my last post, the beer shipment rates
have increased. According to the Wall Street Journal, through August of this
year beer shipments are up nearly two percent versus a decline of 1.5% for all
of last year. Part of this doing is from the increasing popularity of "craft
beers". Nearly all of the brewing company's now have a "craft beer brewery"
in there company repertoire. I can see this only increasing more with our
country bettering its economic state. This goes to show that even if our
country economically is failing, beer is still an affordable and high demanding
product, which will never be shot down.
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