Inspired by Harper's Index (with a tip of the hat to FiveThirtyEight's Significant Digits blog), Morningstar Runs the Numbers uses a numbers-based approach to highlight recent Morningstar research, along with some outside news stories.
Anheuser-Busch InBev (BUD) slashed its dividend in half when it reported earnings that fell short of our expectations. Shares dropped, capping off a tough year for the firm with shares down over 30% year to date. Analyst Phil Gorham believes this has opened up a buying opportunity. He writes:
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