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Actionable news in BUD: ANHEUSER-BUSCH INBEV SA/NV,

Stick With Anheuser-Busch Despite Q2 Revenue Miss

A second-quarter miss on revenue has kept shares of Anheuser-Busch InBev (BUD) from staying bubbly. Shares of the global alcoholic beverage giant gained more than 3% on Friday, reaching $129.53. This marks a return of almost 11% since I recommended the stock at around $117 on February 24. But it would be a mistake to take profits now.

Aside from the earnings report on Friday, Anheuser-Busch shares are higher on reports that the board of directors of SABMiller (SBMRY) have green-lighted Bud's takeover offer of nearly $104 billion, which...


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