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|
|TAP||Molson Coors Beverage||$54.33||11.8B|