I stopped drinking very nearly 20 years ago, but all the brands mentioned seem like crap to me. Long live the craft brewers!
The article makes some interesting implications re. oligopoly in the beer business.
Anheuser-Busch InBev SA (a Brazilian/Belgian company) makes 6 of the 10 brands (decline rankers 1,4,5,6,7,8).
Molson/Coors (a Canadian/American company) makes the other 4 (rankers 2,3,9,10).
But the article points out that "...Still, Anheuser-Busch has remained a strong performer on Wall Street. Over the same five years, even as domestic Budweiser sales fell by 3.8 million barrels, the company’s share price climbed from $55 to over $100 per share -- out performing both the Dow and S&P 500 indices."
I looked on the Morningstar site, and Molson/Coors has underperformed the S&P 500 over the past 5 years, but not by much.
Morningstar actually indicates that AB has very slightly underperformed the S&P 500 over the past 5 years, but has outperformed Molson/Coors. Interestingly, both have soundly outperformed the "Beverages- Brewers" index. This seems strange to me, as I'd expect the 2 companies combined to make up a large percentage of said index. I suspect that AB, being a foreign company, is not included in the index. But I'm too lazy to research further right now.