Compania Cervecerias Unidas: Improved Q1 Results And Upcoming Election Catalyst

  • CCU remains undervalued despite a recent rally, with improving Chilean political and economic conditions poised to drive further upside. CCU's margins have eroded in recent years. Some of that may be permanent, but a fair chunk of it is temporary and likely to soon reverse. Chile's upcoming election is likely to return conservatives to power, serving as a boost for its local companies, including CCU.