Like Beer? This one might get you HOOKed...
Craft Brewers Alliance, Inc. (HOOK) is an independent brewer of craft beers in the United States. As of December 31, 2009, the Company owned and operated three production brewing facilities with adjacent restaurants or pubs: Widmer-branded in Portland, Redhook-branded, one in Woodinville, Washington and the other in Portsmouth, New Hampshire. It also operates a brewpub-style brewery in Portland, Oregon, which is Widmer-branded.
- Revenue growth averaging 50% a year
- Net income increasing 35% a year
- Sales growth is about 25 times better than the industry average: 25.67% versus 0.96%
- EPS growth nearly double the industry average (119.27% versus 60.57%)
- BUD purchased 36% stake in this brewery.
Here is HOOK's one year chart:
HOOK's 12-month return is 112%, 6-month return 180%, 3-month return 45%.
Currently, HOOK is 27% off its 52W high of $9.90, where it was a little bit over a month ago.
It looks like HOOK is ready to attack that 52W high fairly soon.
Disclaimer: Alcohol and investing don't mix well. Keep that bottle away from the Buy-button. Beer tastes good, but there is no guarantee good taste will translate into profits and higher share price. Not FDIC Insured. May lose value. You may lose your wife (if you haven't already).
We take no responsibility for anything that's written above as it's all pretty much copied from somewhere on the internet without fact-checking.
Purchasing alcohol for minors is against the law. Purchasing it for adults, including yourself, is totally fine.