Is Prohibition Back? Boston Beer Company Shareholders Feel Like It Is
Bucking the trend of many pandemic-era stocks, Boston Beer Company (NYSE: SAM) was not a tech darling, but its revenue and earnings exploded higher in 2020. The good times haven't lasted for the maker of Samuel Adams, Angry Orchard, and Truly Hard Seltzer, as the stock has made a round-trip from its rise and sits now below $400. With such an epic rise followed by a rapid fall, is Boston Beer a buy?