Tag Archives: TAP

Molson Coors Beverage (TAP), mcap=$11.3bn, price $52.91 vs $56.00

Fallen out of favor brewing/beverage company at 12-13x historical earnings. Owner of Coors and Miller brands. Undergoing premiumization of its beverage portfolio is expected to lift operating margins in the coming years. Continues to gain share in higher margin Selzer and other high-end beverage segments – stock upside comes specifically from the continued growth in these categories.