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
Growing Retained Earnings at an alarming clip. Just announced a $1.2B share repurchase. Stock pays a 3% Dividend and trades at a P/E of 11. Company maintains large market shares in the U.K., U.S., and Canada and is growing it's international business. Even a few years of declining volume/sales shouldn't prevent the company from reflecting the long-term economic advantages of this business in the stock price.