Azer said Redhook, which makes up 26 percent of the company's shipments, is in the midst of a turnaround that continues to gain momentum. The analyst said that Redhook shipment growth climbed from 3 percent in 2011 to 6.5 percent in 2012. Azer said that Craft Brew will continue to expand Redhook's national exposure this year and will look to reinvigorate it in part with the launch of Audible Ale. While Craft Brew stumbled a bit in 2012 by raising Redhook prices and then rolling them back when rivals failed to match its price hikes, Azer said it is unlikely that the company will make a similar mistake this year, because she believes that management has a better idea of when and how to price. SHARE ACTION: Craft Brew Alliance Inc. rose 18 cents, or 2.5 percent, to $7.49 in afternoon trading. The stock has traded in a 52-week range of $5.62 to $8.92. It is up 13 percent year-to-date.