Anheuser-Busch (BUD) was double upgraded by JPMorgan. Alex Coffey and Jenny Horne discuss BUD as JPMorgan notes that the company's rapidly deleveraging balance sheet provides optionality. They also talk about how the company is transitioning to a higher quality top-line. They also go over how BUD is promising victory party for the team that wins the World Cup. Alex then demonstrates an example trade using BUD. The trade type is a buy a call calendar and the direction is bullish. Tune in to find out more about the stock market today.
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