I am recommending shares of Molson Coors Beverage Company (TAP), the fifth largest beer company in the world. After years of losing market share on increased competition, the company’s operations appear to be stabilizing.

Actions to reduce debt and reinstate a $0.34 quarterly dividend have made the shares more attractive to investors, and recent elimination of bargain brands should increase brewing efficiencies.

At 11X next year’s EPS estimates, not much improvement is priced into the stock, and as confidence in the company’s ability to achieve that estimate gains, TAP should do very well.

Buy TAP below $50, my target is $57.

If you are Inner Circle Subscriber following the Model Portfolio, buy a 5% position in TAP in the Value Segment.