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Barchart
Aritra Gangopadhyay

Molson Coors Stock: Is TAP Underperforming the Consumer Defensive Sector?

Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products in the Americas and internationally. The company has a market cap of $6.9 billion and offers flavored malt beverages, including hard seltzers, craft spirits, and ready-to-drink beverages under Arnold Palmer Spiked, Aspall Cider, Blue Moon, Beck's, Blue Run Spirits, Cobra, Corona Extra, Coors Original, and other well-known brands.

Companies with a market cap of $2 billion to $10 billion are typically called “mid-cap stocks.” TAP fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the beverage-brewers industry.

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