Why These 15 Consumer Defensive Stocks Are Surging in 2025

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9. Ambev SA (NYSE:ABEV)

Number of Hedge Fund Holders In Q4 2024: 22

Ambev SA (NYSE:ABEV) is a major beverage company that primarily focuses on beer production and distribution. It controls 69% of the Brazilian beer market while also manufacturing soft drinks and energy drinks.

The stock is up significantly so far in 2025 as it reported solid Q4 2024 revenue growth. It surpassed analyst expectations by 5.77% and grew 35.25% year-over-year.

EPS missed by 1.3% but still grew by 10.7%.

The consensus price target of $2.45 implies 1.61% downside.

ABEV stock is up 35.90% year-to-date.

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