Buying TAP @ $37.41
2% position
We had a few great round trips on BUD over the last few weeks. While BUD keep going up, we'll move to another beer company - Molson Coors (TAP).
It's the same story, only better. Americans tend to drink at home vs. the rest of the world that tends to drink out and about.
TAP isn't far from its panic-driven lows. We'll take it as an opportunity to buy. Beer isn't going away - whether there's a second wave or not. And buying stocks at their lows is almost always a good idea.
2% position
We had a few great round trips on BUD over the last few weeks. While BUD keep going up, we'll move to another beer company - Molson Coors (TAP).
It's the same story, only better. Americans tend to drink at home vs. the rest of the world that tends to drink out and about.
TAP isn't far from its panic-driven lows. We'll take it as an opportunity to buy. Beer isn't going away - whether there's a second wave or not. And buying stocks at their lows is almost always a good idea.
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