Good evening,
For the last five years, consumer staples stocks have been a predictable trade. As consumers filled their homes with creature comforts of all varieties, these were some of the hottest stocks in 2020 and 2021.
That extended to alcohol sales. In 2020, alcohol sales increased by 2%, the largest such increase since 2002.
But since 2022, the market for alcohol stocks has dried up, and many of these stocks have been among the laggards of the broader market.
While investors may be selling alcohol stocks, consumers are still buying alcohol, but their champagne tastes may be adapting to a beer budget, particularly craft beer—a category that continues to grow strongly even as many top companies are reporting a decline in sales volume for wine and spirits.
That’s one reason why investors should consider investing in alcohol stocks.
According to Allied Market Research, this industry will be valued at $2 trillion by 2031. And despite the fact that some of these stocks have underperformed the market in 2024, alcohol stocks are still considered defensive stocks. This means that they tend to perform well even at times when the economy is not firing on all cylinders.
In this special presentation we’re looking at seven alcohol stocks that are interesting buys heading into 2025. These are companies that have popular—even iconic—brands that provide pricing power and strong free cash flow. And many of these companies make a commitment to rewarding shareholders with share buybacks and/or dividends.
View the 7 Alcohol Stocks Primed to Pour Profits
The MarketBeat Team
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