For my stock pick this week, I’m going to discuss AmBev (ABV), which I recommended in my Cabot China & Emerging Markets Report a month ago. AmBev, also known as the Companhia de Bebidas das Americas, is a Brazilian beverage company with a lineup that includes beers like Brahma, Skol and Antarctica as well as drinks like Gatorade, Lipton and Pepsi-Cola. While Brazilian beer sales contribute more than half of the company’s revenues (52% in 2009), AmBev has operations in 14 countries, and gets a sizable chunk of sales in Canada (17% in 2009) from its ownership of Labatt...
