6 Best Alcohol Stocks for March 2023
Alcohol stocks are companies that manufacture and distribute a variety of alcoholic beverages including beer, wine, spirits, and liquor.
Investors looking for stocks that generate strong profits and pay dividend income should take a look at liquor and beer stocks for the following reasons:
- These companies have strong brands and pricing power, which provides consistent cash flow.
- Alcohol stocks perform well during economic recessions because people rarely change their drinking habits regardless of what’s going on in the world.
- Many of these companies pay dividends and provide consistent income during retirement or periods of unemployment.
Best Alcohol Stocks
| Ticker | Company Name | Last Price | Market Cap |
|---|---|---|---|
| DEO | Diageo | $176.71 | 98.2B |
| BF.B | Brown Forman | $62.38 | 30.0B |
| STZ | Constellation Brands | $216.17 | 39.9B |
| SAM | Boston Beer | $319.52 | 3.9B |
| TAP | Molson Coors Beverage | $50.91 | 10.4B |
| BUD | Anheuser-Busch | $61.30 | 98.9B |
