NewroadTrader

Buy $ABEV - NRPicks 09 Abr

Long
NYSE:ABEV   Ambev S.A.
Ambev S.A., through its subsidiaries, produces, distributes and sells beer, draft beer, carbonated soft drinks (CSD), other non-alcoholic beverages, malt and food products in the Americas. It operates through three segments: Brazil; Central America and the Caribbean; South Latin America; and Canada.

The company beat estimates in its last two earnings reports and is in an uptrend since April with a key level at $ 3.15.

- Market Cap $ 44B
- Revenue $ 11B
- EBITDA $ 3.4B
- Net Income $ 2.1B
- P / B 3.46
- P / S 4.38
- EPS Q / Q 65.50%
Trade closed: target reached:
10 May

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