Cheap Summer Thrill: Beer


As the weather gets warmer we thought it only appropriate to look at the cheapest summer thrill of them all. We’re talking beer.

Set up the kiddie pool and toss your bro a cold one, summer drinking is in full swing - especially cheap drinking.

Case in point, Molson Coors posted double digit gains in its lower end brand Keystone Light while SABMiller is seeing relative strength in its High Life and Milwaukee's Best brands.

The country’s collective keg party is so profitable that Belgian giant InBev is in a beer fight (also know as an attempted hostile takeover) with Anheuser-Bush , America's king of beers.

Because few things more refreshing that a cold brewsky on a hot summer day, we bring you the simple trades from summer's simple pleasures.

That's right, keep it simple, counsels Jeff Macke. Constellation Brands isn’t going to work for you.

Instead just play Boston Beer Company ,Molson Coors or Anheuser-Bush.

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Feelin’ Good On The Cheap

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Trader disclosure: On June 17, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (BTU), (NUE), (GS), (INTC), (MSFT); Macke Owns (INTC), (MSFT), (ATVI), (WMT); Najarian Owns (AAPL), (BHI), (CHK), (TSO), (XLF), (MYGN),(ENER); Najarian Owns (MS) Puts, (BAC) Puts; Terranova Owns (LUV), (FXC); Terranova Is Long Dec 2008 Crude Oil; Terranova Is Short Dec 2009 Crude Oil

Terranova is chief alternatives strategist at Phoenix Investment Partners;Phoenix Investment Partners Ltd. Owns (RWX), (DBC), (DBV), (IGE), (AAI), (ALK), (AMR,) (APA), BP plc, British Airways plc, (CHK), (CVX), (COP), (CAL), (DAL), ENI SPA, (XOM), Gazprom, (HA), (HES), (HOC), (HSE), (JBLU), Lukoil, (MRO), (MUR), (OXY), Petrobras Intl Fin, Petro-Canada, (PBR), Petroleos De Venezuela, (QAN), (RJET), Royal Dutch Shell plc A Shares, (SKYW), (LUV,) (SU), (TSO), Texaco Capital, Total SA, (UAUA), (LCC), (VLO)