Karl BergerAnheuser Busch Companies Inc.BUDPARTIAL BUYAug 21, 2012

A great company, but Diageo offers higher margins. With BUD, you're betting on a turnaround story. Heineken or Carlsberg offer higher quality products, though pay skinny dividends. BUD has a debt issue, a product mix that doesn't work among many problems.

Range-bound to $110. Hold it here. But it's got plenty of chance to go up. He likes it.

The chart back to 2012 shows a move from $50 to $110. Now it is coming down. There has been a lot of volume at the higher range. He thinks there could be a lot of profit taking going on will the recent pullback. This is technically a bad sign that could trigger further selling down to $85. It needs to make a new high above $105 before he would become a buyer.

The beer business is very competitive and very tough. This is a “steady Eddie”, good dividend type stocks, but you need to have growth in your portfolio because we haven’t seen any inflation yet.

(Market Call Minute.) This would be a Buy on weakness, and we are now at that weak point.

Beer companies are getting bigger and bigger as quick as they can. This is more likely to be a buyer than being bought.

Anheuser Busch (BUD-N) or Dollar Tree (DLTR-Q)? Given the choice, he would probably go with Anheuser Busch. Consumer spending has been a little bit suspect and he would tend to shy away from the purer play of consumer spending. Anheuser Busch would be more of a staple as opposed to a discretionary.

This is the wrong time of year for beer stocks and the volumes are down anyway. Demographic is younger people not drinking beer. BUD sees volumes picking up next year. These names are seen as a little more growth.