Molson Coors Canada Inc. $92 – Toronto symbol TPX.A and TPX.B

Molson Coors Canada Inc. $92 – Toronto symbol TPX.A and TPX.B

Molson Coors continues to benefit from its purchase of SABMiller’s stake of MillerCoors. At the same time the company believes it has found a way to offset stagnant alcohol sales and capitalize on the legalization of cannabis.

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $80 and TPX.B $87; Conservative… Read More

Cost savings and new drinks to spur Molson

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $80 and TPX.B $87; Conservative Growth and Income Portfolios, Consumer sector; Shares o/s: 215.8 million; Market cap: $18.8 billion; Price-to-sales ratio: 0.6; Divd. yield: 2.5%; TSINetwork Rating: Average; www.molsoncoors.com) took its current form in 2005 when Canadian brewer Molson merged with U.S.-based Adolph… Read More

Alcohol beverage makers: 1 buy & 1 hold

DIAGEO PLC ADR $142 (New York symbol DEO; Conservative Growth Portfolio, Consumer sector; ADRs outstanding: 615.4 million; Market cap: $87.4 billion; Price-to-sales ratio: 5.3; Dividend yield: 2.4%; TSINetwork Rating: Above Average; www.diageo.com) is a leading maker of premium alcoholic beverages. Its main brands include Guinness beer, Smirnoff… Read More

Molson is the better choice for new buying

The shares of PepsiCo and Molson Coors have dropped recently, partly because consumers continue to shift to more-healthful drinks. However, companies should benefit from their cost-cutting plans and lower taxes.
PEPSICO INC. $100 (New York symbol PEP; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market… Read More

Modern brewery set to cut costs

MOLSON COORS BREWING CO. $81 (New York symbol TAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 215.3 million; Market cap: $17.4 billion; Price-to-sales ratio: 1.6; Dividend yield: 2.1%; TSINetwork Rating: Average; www.molsoncoors.com) is the world’s third-largest brewer. Its main brands include Molson Canadian (Canada), Coors… Read More