Filed under: Coca-Cola (KO), PepsiCo (PEP), Anheuser-Busch InBev (BUD), Molson Coors Brewing Co. (TAP)
The 4th of July just wouldn't be the same without picnics and other celebrations with family and friends. We all love to get together, watch fireworks and eat a lot of good food.In fact, Independence Day is one of the biggest days of the year for the beer, soft drink and snack food industries.
Beer and Independence Day
According to the Washington D.C. based Beer Institute, Independence Day is the number one occasion for beer sales and serving, beating out Memorial Day, Labor Day, even Super Bowl Sunday.
It looks like Molson Coors (TAP), the largest U.S.-owned brewer, could use a boost from positive sales this July 4. Coors shares have fallen 0.45% this year, and Deutsche Bank recently downgraded the stock from a Buy to a Hold.
Belgian brewer Anheuser-Busch InBev (BUD) shares, which have climbed 28.61% this past year, are doing better.
Continue reading Stocks with Ties to Independence Day - Part 3: Dieter's Lament
Stocks with Ties to Independence Day - Part 3: Dieter's Lament originally appeared on BloggingStocks on Mon, 05 Jul 2010 16:00:00 EST. Please see our terms for use of feeds.
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