Anheuser-Busch InBev NV (ADR) (BUD), Molson Coors Brewing Company (TAP): Can OctoberFest Propel Boston Beer Co Inc (SAM) Even Higher?

That said, Boston Beer still boasts one significant advantage over its competition with its near-fanatical focus on quality over quantity. In fact, Founding Chairman Jim Koch has long said he tries to follow advice from his father, given to him when he started the company: “People don’t drink the marketing, they drink the beer.”

Foolish takeaway

Would I back up the truck on Boston Beer stock at today’s levels? Probably not. In fact, I’d be ecstatic if shares pulled back a bit to give patient long-term investors a buying opportunity.

But that also doesn’t mean existing shareholders should sell their stakes while betting on such a pullback to occur. To the contrary, I’m convinced any pullbacks — if they happen — will inevitably prove temporary given Boston Beer’s focus on putting great beer in front of American consumers. In the end, that should help the stock to continue setting many, many new all-time highs for decades to come.

The article Can OctoberFest Propel Boston Beer Even Higher? originally appeared on Fool.com and is written by Steve Symington.

Fool contributor Steve Symington has no position in any stocks mentioned. The Motley Fool recommends Molson Coors Brewing (NYSE:TAP) Company. It recommends and owns shares of Boston Beer. 

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