Wednesday, April 16, 2008

Smarter Money


I keep reading the same question every morning when I read the daily financial news. With the economy coming to a virtual recession where should I look to invest my money? I keep thinking necessities and international market share. With blue chips stocks at such a bargain, I have been grabbing them up and upping my position at an increasing rate.

I just purchased BUD (Anheuser-Busch Companies, Inc. Common St ) on a down day. According to Forbes, the US beer market growing at just 1% to 2% a year. Budweiser currently has about 50% of the US market share of Beer. They currently own 27% of Tsingtao,China's leading domestic premium brewer as well.

BUD currently has a 2.76 yield and great international growth potential. Historically, beer has performed well in recessions. I believe in the short term this stock will be dropping. However, with the current dividend to make and growth prospects there could be pretty good gains made in the next year and a half.

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