In this video, Isaac Pino reviews Boston Beer's latest earnings and why they declined, including increased selling and advertising expenses, and the fleeting brand loyalty of the craft-beer business.
However, Boston Beer is rolling out canned beer, making its product more convenient and helping it compete with larger brewers. Isaac thinks Boston Beer is a classic buy and hold stock that and a dip may be a good time to get in.
Check out the video for more details.
Isaac Pino, CPA, has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Boston Beer. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.