Latest news for Tsingtao Brewery (OTC:TSGTF) Stock

With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.

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International Beer Day falls on Aug. 6, and for those who are looking to beer brands as a source of investing as well as a source of inebriation, here are five companies that can offer intoxicating possibilities for both trading and long-haul investing.

5 Brew-Based Stocks To Consider For International Beer Day

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Stocks That Hit 52-Week Highs On Thursday

TSINGTAO BREWERY CO LTD H by Tsingtao Brewery Co., Ltd.

Tsingtao Brewery Co Ltd

Jefferies analyst Anne Ling has maintained their bullish stance on TSGTF stock, giving a Buy rating on April 22. Anne Ling has given her Buy rating...

Tsingtao Brewery: Strong Financials and Cost Management Prompt a Buy Rating

Tsingtao Brewery Co (TSGTF – Research Report), the Consumer Defensive sector company, was revisited by a Wall Street analyst yesterday. Analyst Eua...

Outperform Rating Justified for Tsingtao Brewery Amid Strong Q4 Performance and Favorable Cost Projections

The best of breed global stocks for 3Q2024 - BofA

Tsingtao Brewery Co (HK:0168) has released an update. Tsingtao Brewery Co has announced the composition of its Board of Directors, including both e...

Tsingtao Brewery Unveils Board and Committee Structure

Tsingtao Brewery Co (HK:0168) has released an update. Tsingtao Brewery Company Limited has announced the resignation of Mr. Jiang Xing Lu, an indep...

Tsingtao Brewery Announces Board Reshuffle

Tsingtao Brewery Co (HK:0168) has released an update. Tsingtao Brewery Co. has successfully concluded its 2023 Annual General Meeting, with shareho...

Tsingtao Brewery Shareholders Approve Dividend

Tsingtao Brewery Co (HK:0168) has released an update. Tsingtao Brewery Co has announced a final ordinary dividend of RMB 2 per share for the fiscal...

Tsingtao Brewery Declares Final Dividend

Tsingtao Brewery Co (HK:0168) has released an update. Tsingtao Brewery Co has announced the composition of its board of directors, including execut...

Tsingtao Brewery Announces Board Structure

Tsingtao Brewery Co (HK:0168) has released an update. Tsingtao Brewery Company Limited has announced the approval of the fulfillment of the unlocki...

Tsingtao Brewery Approaches Key Stock Unlocking Date

Tsingtao Brewery Co (HK:0168) has released an update. Tsingtao Brewery Co. has announced the listing and circulation of 4,235,863 restricted shares...

Tsingtao Unlocks Shares, Adjusts Capital Structure

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Tsingtao Brewery

International Beer Day falls on Aug. 6, and for those who are looking to beer brands as a source of investing as well as a source of inebriation, here are five companies that can offer intoxicating possibilities for both trading and long-haul investing.

1. Anheuser-Busch InBev SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>): This company came about through a series of multinational mergers: the 1987 union of Artois and Piedbouef into Interbrew, the combination&nbsp;of Brazil&rsquo;s Antarctica and Brahma in 1999 into AmBev, the 2004 Interbrew-AmBev marriage, and the 2008 addition of St. Louis&rsquo; Anheuser-Busch into the mix.

In the U.S., the company&rsquo;s most recognized brands are Budweiser, Michelob and Rolling Rock. The company recently announced an executive shake-up with Brendan Whitworth promoted from chief U.S. sales officer to CEO of the Anheuser-Busch U.S. operations while his predecessor, Michel Doukeris, became global CEO of AB InBev after the retirement of Carlos Brito.

Anheuser-Busch trades&nbsp;at $61.84, sandwiched between its 52-week range of $51.45 and $79.67.

2. The Boston Beer Company Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAM#NYSE">SAM</a>): Founded in 1984, the company&rsquo;s first brand was named after American Founding Father Samuel Adams,&nbsp;though, oddly the beer&nbsp;features a portrait of Paul Revere on its label.

In addition to its flagship product and the Dogfish Head and Coney Island Brewing Company beers, the company offers other alcohol lines including Angry Orchard hard cider, Twisted Tea malt beverage and Truly hard seltzers. In May, the company announced that it was establishing a Canadian subsidiary to focus on non-alcoholic  cannabis beverages.

Boston Beer Company trades&nbsp;at $656.03, closer to its 52-week low of $655.04 than to its 52-week high of $1,349.98.

3. Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>): This company was established in New York&rsquo;s Finger Lakes region in 1945 in the wine industry and only became part of the beer world in 2013 when it acquired Grupo Modelo&rsquo;s U.S. beer business from Anheuser-Busch InBev.

Constellation&rsquo;s beer brands include Corona, Modelo Especial, Negra Modelo and Pac&iacute;fico, along with the U.S. craft beer producer Funky Buddha. Last month, the company announced it was expanding into the sparkling water <a href="https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/">sector</a> by acquiring a minority stake in HOP WTR, and it also tiptoed into crypto territory with a travel-related sweepstakes in June with prizes awarded in&nbsp;Triptocurrency, a digital currency designed to be used exclusively for travel bookings through Expedia Group. Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>).

Constellation Brands trades&nbsp;at $219.51, closer to its 52-week high of $244.75 than its 52-week low of $160.63.

See Also: <a href="https://www.youtube.com/watch?v=DXj0Hqq9W_8">Stock Market Live: How To Use Benzinga Pro</a>

4. Tsingtao Brewery Company Limited (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TSGTF#OTC">TSGTF</a>): This Chinese beer company was founded in 1903 by an English-German company out of Hong Kong.

Tsingtao first became available in the U.S. in 1972, the same year President Richard Nixon made his historic visit to China, and has become a staple at Chinese restaurants across the country. Earlier this year Paulaner USA signed an agreement to become the exclusive U.S. importer of the company&rsquo;s product line.

Tsingtao has been trading at $8.01, closer to its 52-week low of $7.60 than its 52-week high of $11.52.

5. Waterloo Brewing Company (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BIBLF#OTC">BIBLF</a>): Formerly the Brick Brewing Company, this Canadian operation is notable for opening Ontario&rsquo;s first modern craft brewery in 2016 and for marketing the first beer exclusively to the LGBTQ community in 1992 with the limited-edition Pride Lager.

Waterloo Brewing has seen a bit of tumult lately with the resignation of Chief Financial Officer David Birch and a C$1.6 million settlement agreement with a creditor impacted by a social engineering cyberattack against the company that occurred in November 2019. But it has&nbsp;introduced a new can line that will increase total can capacity to roughly 4 billion fluid ounces per year.

Waterloo Brewing trades&nbsp;at $5.19, closer to its 52-week high of $7.50 than its 52-week low of $1.50.

Are Beer Companies A Good Investment? During the COVID-19 pandemic, U.S. sales on most alcohol products spiked, ranging from a 39% increase in whiskey sales to a 73% climb in flavored wine sales. However, data from the Brewers Association found beer sales down 3% over the pandemic, with craft brewer sales down 9%.

The National Beer Wholesalers Association reported&nbsp;U.S. retail beer sales fell from $120 billion in 2019 to $100 billion in 2020 because of pandemic-induced closures of restaurants, bars, stadiums and other on-premise venues. Nonetheless, the industry is optimistic that the worst of the pandemic is behind it.

&ldquo;The beer industry reflects the economy as a whole &mdash;&nbsp;both have suffered this past year but are showing resilience in the face of adversity,&rdquo; said Craig Purser, president and CEO of the National Beer Wholesalers Association. &ldquo;As our country continues to recover and reopen, Americans will be enjoying beers with friends and family at bars, restaurants, sporting events and other gatherings, supporting the more than two million jobs that rely on the beer industry.

&ldquo;Beer helps bring people together and it will help drive the activity to fuel our economic recovery,&rdquo; Purser added.

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