The asset swap with Ambev should be beneficial to moats and margins.
The stock looks fairly priced, so we'd wait for a dip to invest.
After another strong year for consumer defensive stocks, the sector remains relatively less attractive than our overall universe.
The proposed merger between Anheuser-Busch InBev and SABMiller would create a powerful business with enviable economies of scale, writes Morningstar’s Phil Gorham.
Best-in-class scale and brand loyalty make this wide-moat firm a consumer staples standout.
The home-improvement retailer's shares look attractively priced.
We think this wide-moat firm has room to improve its operational efficiency.
But relatively undervalued stock could provide a safe haven if investors turn defensive as a result of sluggish macroeconomic data.
Firm's results beat expectations, but we think its North American pricing targets will prove to be too optimistic.