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The Boston Beer Company, Inc. (SAM) Shares March Higher, Can It Continue?

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As of late, it has definitely been a great time to be an investor in The Boston Beer Company, Inc. (SAM - Free Report) . The stock has moved higher by 12% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider SAM’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as SAM has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

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In addition to the companies you read about above, today you get details on the newly-legalized industry that’s tapping into a “habit” that Americans spend an estimated $150 billion on every year.

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The Boston Beer Company, Inc. (SAM) - free report >>

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