ANHEUSER-BUSCH INBEV SA ADR (BUD)

Despite continued weakness across the broader Food and Beverages sector, Anheuser-Busch InBev SA ADR (BUD) may be showing improving relative strength characteristics within the SIA International ADR Index Report. The shares have climbed 57 positions over the past month to reach #60 in the report while maintaining a strong SMAX score of 9/10 and recently generating a bullish Double Top Point & Figure signal. The improving technical profile could suggest investors are becoming increasingly selective toward globally diversified consumer franchises with established brands and defensive cash flow characteristics amid ongoing market uncertainty.

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