RichBoi
2021-06-21
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Guggenheim names Boston Beer a best idea, says strength of Truly can help stock jump 85%
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGuggenheim names Boston Beer a best idea, says strength of Truly can help stock jump 85%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 19:15 GMT+8 <a href=https://www.cnbc.com/2021/06/21/boston-beer-stock-truly-best-idea-guggenheim.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should buy the dip inBoston Beeras jumpy data from the economic reopening appears to be overshadowing a strong underlying growth story, according to investment firm Guggenheim.\nThe beverage ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/boston-beer-stock-truly-best-idea-guggenheim.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SAM":"波斯顿啤酒"},"source_url":"https://www.cnbc.com/2021/06/21/boston-beer-stock-truly-best-idea-guggenheim.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1113611164","content_text":"Investors should buy the dip inBoston Beeras jumpy data from the economic reopening appears to be overshadowing a strong underlying growth story, according to investment firm Guggenheim.\nThe beverage stock has struggled mightily over the past two months, falling more than 25% since April 20th. The decline has come as the reopening of bars and restaurants has accelerated across the United States.\nGuggenheim analyst Laurent Grandet reiterated his buy rating on the stock and named it one of his best ideas, saying in a note to clients on Monday that soft numbers for retail alcohol sales were hiding the growth of Boston Beer’s Truly brand.\n“While the growth of the hard seltzer category in retail tracked channels appears optically softer, our analysis shows it’s primarily a function of the more challenging year-ago comparison that we believe should begin to abate in June, and a stronger than expected reopening of the on-premise channel that is driving a channel shift,” the note said.\nEven if the overall seltzer category is pulling back, Truly is still on track for dramatic growth, according to Guggenheim.\n“Truly has been pivoting successfully to ‘bolder’ flavors since the launch of Lemonade last year, and we estimate that for every 10 points of category deceleration, Truly can meet our 85% retail growth target by gaining roughly 2 points of share – which has been the case so far,” the note said.\nGuggenheim kept its $1,800 per share price target on the stock, which is more than 85% above where the stock closed on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/167594064"}
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