The combined business would be owned 50/50 between shareholders of FCA and Groupe Renault.Autosread more
Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The U.S. is showing signs of targeting China's domestic surveillance and the tech supporting it.Technologyread more
Smartphone users in Singapore, the U.K. and China told CNBC's "Beyond The Valley" that foldable smartphones are "very strange," "super bulky," and expensive compared to the...Technologyread more
The result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
Investors are largely focused on results of the EU parliamentary elections. Euroskeptic parties in Britain and France made solid gains.Europe Marketsread more
Former Apple CEO John Sculley says this skill is vital to all great business leadership.Successread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
Prime Minister Narendra Modi has to make sure that India becomes a highly competitive manufacturing hub where global investors will look to invest, the chairman of India...Asia Economyread more
U.S. President Donald Trump said Monday he expects to get the trade gap with Japan "straightened out rapidly," adding that announcements on that could come as soon as August.World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
The slogan may be popular in restaurants and bars, but Jim Cramer can see pros uttering "This BUD's for you" on Wall Street, too.
That's because Cramer thinks the company currently trading under the ticker BUD presents significant opportunities for shareholders.
If you're not familiar with it, BUD was formed in 2008, after InBev acquired Anheuser-Busch. And since that time, Cramer thinks the company has achieved significant synergies that truly makes it a king of beers.
First, Cramer always advocates owning companies with strong market position, and if Anheuser-Busch InBev has anything it's strong market position. "It's the world's largest brewer with 25 percent market share around the globe and over 200 brands, including 17 that each generate over a billion dollars a year in sales," Cramer said. "In the U.S. AB InBev controls nearly 50 percent of beer market."
Also, the company has clout. Although selling alcohol at a sporting event in Brazil is not typically permitted, because Budweiser is a big sponsor of the organization behind the World Cup, the rule was suspended for the tournament. "That's powerful," said Cramer.
In addition, Cramer likes the financials. "AB InBev yields 3.6 percent and the company has raised its dividend by an average rate of 38.7 percent per year, and I think there could be more dividend boosts down the line," he said.
Read more from Mad Money with Jim Cramer
Cramer developing taste for imported beer
Shouldn't US energy boom sideline Iraq
'Basic " way to play energy theme
On top of all that, Cramer thinks there are fundamental catalysts on the horizon that could drive business. "First there are cost savings being generated by past acquisitions," Cramer said. "Also, AB InBev has been moving into the rapidly growing domestic craft beer space. And AB InBev is winning share in China, a market with enormous potential.
All told, Cramer likes the story.
"Of course, BUD isn't cheap, trading at nearly 19 times next year's earnings estimates, but this is a best of breed company and I'm willing to pay up for best of breed, although I'd like this one even more on a pullback," Cramer said.
Call Cramer: 1-800-743-CNBC
Questions for Cramer? email@example.com
Questions, comments, suggestions for the "Mad Money" website? firstname.lastname@example.org