Anheuser-Busch InBev Stock Up 20%: Still A Good Bet?

Anheuser-Busch InBev stock (NYSE: BUD) saw an impressive rise of almost 21% in the last six months (126 trading days) and currently trades at $69. This rise was mainly due to expectations of higher volume in 2021 as the global lockdowns are gradually lifting, thus leading to easing of supply constraints. Demand for the company’s products mainly comes from restaurants, pubs, live events, etc. which have seen some reopening over the last few months. Though the recent spike in Covid cases is a concern, the successful vaccine rollout (which was not there during the first phase in 2020) has minimized the possibility of another strict global lockdown. The company’s revenues and earnings are expected to see significant improvement in the coming quarters. But will BUD’s stock continue its upward trajectory over the coming weeks, or is a correction in the stock more likely?

According to the Trefis Machine Learning Engine, which identifies trends in a company’s stock price data for the last ten years, returns for BUD stock average close to 4% in the next three-month (63 trading days) period after experiencing a 21% rise over the previous six-month (126 trading days) period. Notably, though, the stock is likely to give returns in line with the S&P500 over the next three months.

But how would these numbers change if you are interested in holding BUD stock for a shorter or a longer time period? You can test the answer and many other combinations on the Trefis Machine Learning to test BUD stock chances of a rise after a fall and vice versa. You can test the chance of recovery over different time intervals of a quarter, month, or even just one day!


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