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St. Patrick's Day Stock Portfolio (AIB, IRE, IRL, RYAAY, ELN, WCRX, SAM, TAP, BUD, MO)

Kiss me, I’m Irish!  That is what you’ll be hearing a lot of after work if you go out for the St. Patrick’s Day festivities after work (or during work) today.  We wanted to take a look to see how the Irish stocks are doing, as well as a few of the non-Irish stocks that may just get wrapped up in the celebration theme as well.  So far it looks like the Japan-themed rally is giving the Irish and just about everyone else a boost.  At 1:12 PM local time in Dublin, the Irish Stock Exchange’s ISEQ Overall index is up 50.43 points at 2,763.43.  We are taking a look at the Irish ADRs and funds that would be exposed to Ireland here in the U.S. today.

Allied Irish Banks plc (NYSE: AIB) is up 2% at $2.98 and the Bank of Ireland (NYSE: IRE) is up 2.5% at $2.00.

The New Ireland Fund, Inc. (NYSE: IRL) closed at $6.99 on Wednesday and we have yet to see formal trading indications in the pre-market.

Ryanair Holdings plc (NASDAQ: RYAAY) is up 2.9% at $27.37.

Elan Corp. PLC (NYSE: ELN) is up 1.6% at $6.33.  Warner Chilcott plc (NASDAQ: WCRX) has yet to show formal trading indications in the pre-market trading.

Boston Beer Co. Inc. (NYSE: SAM) and Molson Coors Brewing Company (NYSE: TAP) are both Irish for a day… shares have not traded pre-market but are indicated higher.  Anheuser-Busch InBev (NYSE: BUD) is up 2.15% at $55.07 in pre-market trading.

Altria Group Inc. (NYSE: MO) is up 1.2% at $24.59.  If people are drinking more today, chances are that they are smoking more and probably bringing in a few non-smokers as well.  It’s just a day thing!

Happy St. Patrick’s Day!

JON C. OGG

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