Molson Coors Brewing Company (NYSE:TAP)
CAPS Rating:
The Company principally is a holding Company. Its operating subsidiaries are Coors Brewing Company, Coors Brewers Limited, Molson Canada and other corporate entities.
The Company principally is a holding Company. Its operating subsidiaries are Coors Brewing Company, Coors Brewers Limited, Molson Canada and other corporate entities.
Recs
I usually think 'large-cap' when looking for stable, dividend paying stocks. To get a little outside the box, I tried screening for mid-cap income stocks with lower than market volatility, good yield, reasonable valuation, 4 or 5-star CAPS ratings and earnings growth over past few years. The screen turned up a total of 15 names, including seven profiled in the article.
www.fool.com/investing/dividends-income/2011/09/06/7-mid-cap-income-stocks.aspx
Of the seven, I think TAP looks the most interesting. I seem to recall looking at it some time ago and thinking it was expensive. I may not be remembering correctly (always possible), but it's definitely not expensive now. 11-ish times earnings, 3% yield, and right around book value - Molson Coors is worth a little more digging and a CAPS green thumb.
Besides, in the words of a Tom T. Hall song, I Like Beer.