Boston Beer - SAM

Who doesn't know Sam Adams Beer? My wife and I have been to several of Morton's beer tastings sponsored by Sam Adams and I was surprised to learn that they have over 30 seasonal beers available. The Boston Beer Company, Inc. ( SAM ) produces beer, malt beverages, and cider products at Company-owned breweries and under contract. Their beer products are primarily positioned in the `Better Beer` category of the beer industry, which includes craft beers and most imports sold at premium prices.

The stock has been trading above and below 100K shares a day so it qualifies for the more speculative portfolio because of it's lower trading volume.

The stock has a 96% Barchart technical buy signal and hit 11 new highs in the last 20 trading sessions including 5 highs in the last 5 sessions. The stock has enjoyed an 18.31% price appreciation in the last month and trades around 71.95 with a 50 day moving average of 60.37.

Investor sentiment is high that the stock will beat the market by a vote of 1001 to 49 with the more experienced investors voting 263 to 6.

Wall Street likes this stock too with 2 buy and 2 hold recommendations published. They expect sales to increase 8.10% this year and 8.30% next year. Earnings per share are estimated to have increases of 30.40% this year, 9.50% next year and maintain a 5 year compounded EPS growth of 13.70%.

Boston Beer ( SAM ) is being added to the Barchart Van Meerten Speculative portfolio for the following reasons:

• Barchart technical buy signal of 96% with new highs in better than 50% of the recent trading sessions
• Very high and positive investor sentiment
• Wall Street recommendations based on increased sales and earnings