Two weeks ago, I wrote an article in Money and Markets talking about Bud's surge on takeover rumors. And I pointed out that InBev's rumored buyout price of $65 a share meant there was still plenty of upside ahead.
Since then, BUD stock has climbed to $61 a share, good for another 5% profit. Not too shabby given the broad market's performance over the same period.
There are still some hurdles to the deal -- inlcuding a strong backlash from U.S. beer fans -- so this may be as far as the shares go for a while.
Still, it's nice to see a solid dividend stock tacking on a little capital apprecation in a flagging market.
