The Boston Beer Company (SAM)
(Delayed Data from NYSE)
$275.26 USD
-4.03 (-1.44%)
Updated Jul 22, 2024 04:00 PM ET
After-Market: $275.33 +0.07 (0.03%) 5:34 PM ET
3-Hold of 5 3
C Value B Growth A Momentum A VGM
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$275.26 USD
-4.03 (-1.44%)
Updated Jul 22, 2024 04:00 PM ET
After-Market: $275.33 +0.07 (0.03%) 5:34 PM ET
3-Hold of 5 3
C Value B Growth A Momentum A VGM
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Boston Beer (SAM) stays afloat in a tough environment, thanks to its premiumization efforts, the Beyond Beer approach, innovation and pricing actions.
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Down -9.63% in 4 Weeks, Here's Why Boston Beer (SAM) Looks Ripe for a Turnaround
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The heavy selling pressure might have exhausted for Boston Beer (SAM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
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Through business reinvestment and brand-building efforts, Boston Beer (SAM) aims to strengthen its position in a competitive market and drive sustained growth.
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Boston Beer (SAM) delivered earnings and revenue surprises of 36.81% and 0.75%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?