10 Best Low Cost Stocks To Buy Under $50

3. Ambev S.A. (NYSE:ABEV)

Stock Price: $2.350

Ambev S.A. (NYSE:ABEV), based in São Paulo, Brazil, is Latin America’s largest brewer and one of the world’s top beer producers. Operating across 18 countries, its brand portfolio includes Brahma, Skol, Antarctica, and premium labels like Budweiser, Stella Artois, and Corona.

As of mid-2025, Ambev S.A. (NYSE:ABEV)’s stock surged 34.65% year-to-date, supported by earnings growth, improved operations, and a favorable Latin American macroeconomic backdrop. A key driver behind this momentum is the company’s strategic premiumization. Premium beers now account for 22% of total volumes, up from 18% in 2024, contributing to a 10% increase in gross margins.

In line with shifting consumer preferences, the business is also expanding its low-calorie and non-alcoholic beer offerings. The corporation’s sustainability initiatives, including its goal of using 100% renewable energy in Brazilian operations by 2026, further strengthen its appeal among ESG-focused investors.

Operationally, Ambev S.A. (NYSE:ABEV) is exploring AI to enhance supply chain efficiency and manage raw material costs. With a 60% market share in Brazil’s beer market and 25% in soft drinks, the company reported 0.7% volume growth in Q1 2025, driven by strong performance in Brazil and Argentina.