Instead of AMC, Buy This Reopening Stock
The U.S. population is roughly 56% vaccinated against COVID-19, which is getting people closer to resuming a "normal" way of life that included going to bars, restaurants, and the movies. Investors looking to tap into this returning-to-normal trend have been trying to find stocks that stand to benefit.
The enthusiasm for these stocks varies, with the stock for movie theater chain AMC Entertainment (NYSE: AMC) getting a lot of attention to the point where it has effectively become a symbol of the "meme stock" movement. Meanwhile, alcohol giant Anheuser-Busch InBev (NYSE: BUD) has been getting overlooked by investors.
But Anheuser-Busch may ultimately prove to be a better long-term stock for a few key reasons.
Source Fool.com
