BUD and TAP: Time to Buy Back Shares?

Dear Client:The two biggest NYSE beer stocks, AB InBev (BUD) and Molson Coors (TAP), are currently trading near their 52 week lows, with BUD at $96 and TAP at $61 a share, amid a roaring U.S. economy.THE CASE FOR SHARE BUYBACKS. Of course, it is their tepid U.S. results against the backdrop of this roaring economy which has made investors timid, to say the least. After having beers yesterday in Asheville with a beer industry economist, it got me thinking: