Ambev S.A. (ABEV): Hedge Funds Are Bullish on This Spirits Stock Right Now [Yahoo! Finance]
Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV)
Last ambev s.a. american depositary shares (each representing 1 common share) earnings: 2/28 04:00 pm
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ri.ambev.com.br/mobile/default_mobile.asp?idioma=1&conta=44
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Source: Yahoo! Finance
With 2024 heading to a close, the alcoholic beverages industry is also changing. Data from the Distilled Spirits Council (DSC) shows that spirits continue to gain over beer, which has traditionally been the go-to alcoholic beverage of choice. In 2023, spirits held more than 42% of the total market to mark a 13 percentage point gain since 2000. These shifts are coming at a time when Americans' attitudes relating to alcohol are significantly changing. For instance, a very detailed survey from Gallup asked participants a plethora of questions surrounding their drinking habits and their perceptions of alcohol's role in society. When compared to participants surveyed in 2001, when 22% of participants viewed alcohol as good for health, this figure dropped by more than half in 2023 and sat a two decade low of 10%. Similarly, confirming the DSC's data, while 47% of participants had drank beer the most often in 1992, not only did this percentage drop to 37% in 2023, but the figures for wine
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ABEV
News
- Ambev S.A. (NYSE: ABEV) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Is Ambev S.A. (ABEV) The Best Alcohol Stock To Own According to Hedge Funds? [Yahoo! Finance]Yahoo! Finance
- Is the Options Market Predicting a Spike in Ambev (ABEV) Stock? [Yahoo! Finance]Yahoo! Finance
- Guarana Strategic Business Report 2023-2030: Consumer Trends Towards Exotic and Tropical Flavors Boosts Sales [Yahoo! Finance]Yahoo! Finance
- Ambev S.A. (NYSE: ABEV) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
ABEV
Earnings
- 10/31/24 - Beat
ABEV
Sec Filings
- 10/31/24 - Form 6-K
- 10/31/24 - Form 6-K
- 10/31/24 - Form 6-K
- ABEV's page on the SEC website