Warren Buffett Likes Anheuser-Busch

Anheuser-Busch (BUD), the huge brewer, is on the downside but has support at $40. If it goes continues to decline, the next support level is $35.

Warren Buffett has been buying the stock on the downside. Obviously Warren knows a thing or two about stocks, but buying on the downside is always tricky. Beware of BUD.

Posted January 22, 2006.

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