The Latest Breaking News from ABEV

Although alcohol consumption declined owing to COVID-19 pandemic-led restrictions, the reopening of bars and restaurants and growing demand for premium drinks have been helping alcoholic beverage companies to witness robust sales. So, alcoholic beverage producers Diageo (DEO), Ambev (ABEV), Brown-Forman (BF-B), Compañía Cervecerías (CCU), and Fomento Economico (FMX) should benefit…

The beer market is expanding globally amid growing Westernization globally and beer's popularity among millennials. Furthermore, the rising prominence of alcohol e-commerce channels is expected to bolster the industry’s growth. So, given the industry’s strong prospects, we think beer stocks Ambev (ABEV), Compañía Cervecerías Unidas (CCU), and Kirin Holdings (KNBWY),…

Lingering supply crunch and soaring inflation have increased the odds of the Fed raising interest rates aggressively later this year, which could dampen corporate earnings. Moreover, as the GDP is estimated to be lower than the prior estimate, many analysts expect the economy to witness recessionary pressure. Therefore, it could…

Brazil is considered a favorable investment country, thanks to the nation’s massive economic growth potential and liberal investing climate. Because the U.S. appears to be heading towards recession, it could be advisable to invest in top-rated Brazilian stocks to mitigate the risk. So, it could be wise to invest in…