After Earnings, Is Boston Beer Co Inc (SAM) a Buy?

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Besides, while most folks resonate with the idea of supporting the little guy anyway, part of me would be surprised if the folks at Boston Beer didn’t take at least some pleasure in annoying their massive competitors with their consistent, near-fanatical focus on quality over quantity. Even so, with its market capitalization still less than $2 billion, Boston Beer is well aware it has plenty of room for sustainable growth.

As Founding Chairman Jim Koch puts it:

You have a viable business only if your product is either better or cheaper than the alternatives. If it’s not one or the other, you might make some money at first, but it’s not a sustainable business.

In the end, that’s exactly the kind of attitude any long-term investor should appreciate, and precisely why I have no intention of closing my long-standing “Outperform” CAPScall on Boston Beer anytime in the near future.

The article After Earnings, Is This Brewer a Buy? originally appeared on Fool.com and is written by Steve Symington.

Fool contributor Steve Symington has no position in any stocks mentioned. The Motley Fool recommends Boston Beer and Molson Coors Brewing (NYSE:TAP) Company. The Motley Fool owns shares of Boston Beer.

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