Tap into the Reopening Buzz with This Beer Stock Trade

The weather's warming up, COVID-19 restrictions continue to let up around the country, and on today's Fast Profits, I'll be helping you tap into all the excitement with one of the biggest "summer fun" stocks on the market.

Restaurant and bars are beginning to lift capacity limitations, opening the floodgates to "sin stocks" like this renowned Brewmeister. Despite struggling through the pandemic, this popular beer stock is seeing a strong recovery, climbing nearly 60% since this time last year.

And believe me, there's no shortage of reasons to be buying and/or trading this stock right now.

Between breaking ground in the CBD, hard seltzer, and energy drinks spaces, and partnering up with Dwayne "The Rock" Johnson, this brewer has hit the ground running in 2021, cementing itself as a top stock to trade before the final stages of economic reopening.

And after knocking earnings out of the park, beating Wall Street's EPS projections by a whopping 1,300%, upward trending "technicals" suggest we're just seeing the beginning of a beer bull market for the books.

Today I'm recommending a call option trade to help you capitalize on the buzz - just watch the video below for the full details...

Trade details...

Action to Take No. 1: Buy shares of Molson Coors Beverage Co. (NYSE: TAP) using a $57 limit order.

Action to Take No. 2: Buy to open TAP Oct. 15, 2021 $55 calls (TAP211015C00055000) using a $6.20 limit order.

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About the Author

Chris Johnson (“CJ”), a seasoned equity and options analyst with nearly 30 years of experience, is celebrated for his quantitative expertise in quantifying investors’ sentiment to navigate Wall Street with a deeply rooted technical and contrarian trading style.

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