Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 Best American Single Malt Whiskeys in 2024

Page 1 of 5

In this article, we are going to discuss the 20 best American single malt whiskeys in 2024. If you’re also a fan of fine wines, we’ve got you covered! Here is our list of the Best Wine Brands in the World.

Bourbon has long held the title of America’s national spirit, but the American single malt is now the fastest-growing whiskey category in the United States. Although distillers in the country have been producing single malt for only three decades, the category has already achieved a significant milestone – an imminent legal definition, furnished by the Alcohol and Tobacco Tax and Trade Bureau.

An American single malt must be made from 100% malted barley; distilled entirely at one U.S. distillery; mashed, distilled, and aged in the United States; distilled to 160 proof (80% ABV) or less; matured in oak barrels that hold no more than 700 liters; and finally bottled at 80 proof (40% ABV) or more.

Global Whiskey Market: 

Whiskey is one of the Most Consumed Alcohols in the World, with the global whiskey market valued at $64 billion in 2022 and expected to reach $91.3 billion by 2028, with a CAGR of 6% during the forecast period.

The consumption of alcohol is shifting away from beer and wine and millennials are more likely to experiment with other alcoholic beverages, resulting in the growth of a ‘cocktail culture’. As a result of this tendency, the use of whiskey as a premium ingredient has increased. Product innovations such as flavored whiskeys and organic and sustainable options are also some of the major factors propelling the market.

Record Year for American Spirits: 

The U.S. spirits exports reached a record-high of $2.2 billion in 2023, up 8% compared to the previous year, according to an American Spirits Export Report released by the Distilled Spirits Council of the United States. American whiskey exports also increased by 9% over 2022 to reach a record $1.4 billion.

Exports are continuing to rebuild after plummeting from the devastating retaliatory tariffs on American spirits imposed by the E.U. and the U.K. These tariffs were suspended two years ago and as a result, American whiskey exports to the E.U. surged by more than 60%, climbing from $439 million in 2021 to $705 million in 2023. However, the European Union announced in December 2023 that it would continue the suspension of tariffs on American whiskeys in the steel and aluminum dispute for 15 months, until March 31st 2025. If no agreement is reached by then, the E.U. will reimpose its tariff on American whiskeys at 50%, up from the previously imposed 25%.

Recent Entry of an Industry Giant:

Given the rapidly spreading popularity of the American single malt, a key alcohol industry player from the country has also decided to step up to ensure it doesn’t miss out on the opportunity. In 2022, The Brown-Forman Corporation (NYSE:BF-B)-owned Jack Daniel’s also added the first American single malt to its ever-growing lineup of Tennessee whiskey, proof of just how far this still lesser-known category has come. And last October, Jack just announced another version of it.

The initial single malt was called Jack Daniel’s Single Barrel Twice Barreled Special Release American Single Malt – as the name indicates, it was a single barrel expression released in limited quantities as part of the Jack Daniel’s Special Release Collection. This new Jack Daniel’s American Single Malt joins the permanent lineup, despite it only being available at airports.

According to Brown-Forman, a bottle of Jack Daniel’s Single Malt is priced at $100 for a 1-liter bottle, and while there are currently no plans to release it in domestic markets, that could change in the future.

Shares of Brown-Forman Corporation (NYSE:BF-B) were held by 30 hedge funds at the end of Q1 2024, putting it on our list of the Best Alcohol Stocks to Buy Now. BF-B reported mixed Q4 (ending 30th of April 2024) results as its earnings per share rose 31% YoY to 56 cents and beat the Zacks Consensus Estimate of 42 cents. However, the company’s revenue of $964 million was around 7.8% less than the same quarter last year and missed the consensus estimate of $1.03 billion. This didn’t sit well with investors and the Brown-Forman Corporation (NYSE:BF-B) saw its share price fall by around 6% on June 5th. A major factor contributing to the decrease in revenue is a 10% drop in the sales of Jack Daniel’s in 2024, while the overall liquor portfolio was also down by 8%. The company is facing challenges mostly due to a subdued, inflation-driven consumer demand and hence also increasingly cautious retailers and distributors. But this is not something that is unique to BF-B.

However, there was positive news from emerging markets, as net sales there grew 5% on a reported basis and 8% on an organic basis, led by solid growth of New Mix in Mexico and Jack Daniel’s Tennessee Apple in Brazil. Moreover, the travel retail channel also delivered an 8% growth in net sales on a reported basis and 6% on an organic basis. The company is also benefiting from the rising spirits RTD trend, as sales of New Mix improved 32% on a reported basis and 17% on an organic basis, driven by an increase in prices. Notably, Brown-Forman’s gross margin has improved by 150 points on an annualized basis compared to fiscal year 2023, highlighting the strength of its increasingly premiumized portfolio.

With that said, here are the Best American Single Malt Whiskeys to Buy Now.

Pixabay/Public Domain

Methodology: 

To collect data for this article, we have referred to sources such as Forbes, Men’s Journal, Reddit etc., looking for the Top American Single Malt Whiskeys in the Market. To make sure we give you only the best, we picked whiskeys that appeared multiple times in the aforementioned sources, assigned them a score of 1 each time they were recommended on these websites, and then summed up the scores and ranked our list accordingly. When two or more whiskeys had the same score, we ranked them by the number of upvotes they received on Reddit.

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

20. St. George Baller 

Insider Monkey Score: 2

Japanese-inspired but fully American-made, this 3-year-old Californian single malt whiskey is matured in a combination of ex-Bourbon casks and French oak ex-wine casks before being finished in house-made ex-umeshu casks. With its layers of flavor, Baller is perfect for sipping neat.

19. Westward Whiskey Pinot Noir Cask

Insider Monkey Score: 2

A tribute to Oregon’s famous Willamette Valley wine region, this vibrant expression is another fine example of Westward’s distilling and finishing prowess. It begins with the Westward Whiskey Original, which is then matured for up to an additional two years in French Oak wine casks producing a spirit that is quite approachable thanks to a soft blend of grape, plum, and pear that’s nicely accented with oak, leather, and roasted malt.

18. Stranahan’s Snowflake Pyramid Peak

Insider Monkey Score: 2

The most highly anticipated release of the year from Stranahan’s, the Snowflake is a unique blend featuring a base of the Denver-based distillery’s single malt with a variety of age ranges and a nearly infinite potential combination of cask finishes. Released in December 2023, Batch #26, aka Pyramid Peak, is finished in a cask that previously held mezcal.

Founded in 2004, this pioneer of American single malt was acquired by Proximo Spirits in 2010. Unsurprisingly, Stranahan’s was also included in our list of the Highest Quality Whiskey Brands in the US.

17. Brother Justus Cold-Peated American Single Malt

Insider Monkey Score: 2

Ranked as the 4th-most innovative spirit in the world in 2023 by The Spirits Business, this incredible expression by Brother Justus is the first ever cold-peated whiskey in the world. Instead of burning peat like traditional whiskeys, the distillery has invented the Aitkin County Process® to capture the pure essence of Minnesota’s ancient peat.

The highly acclaimed spirit also bagged third place in the Best American Single Malt Whiskey category in the 2023 International Whisky Competition, among many other honors.

16. FEW Single Malt

Insider Monkey Score: 3

An excellent single malt whiskey from the Illinois-based FEW Spirits, this expression is produced from 100% malted barley smoked with cherry wood instead of peat. Only about 500-600 bottles of this whiskey are released every year, so be sure to get yours before they’re all gone.

15. Root Shoot American Single Malt

Insider Monkey Score: 3

Bottled-in-Bond at 100 proof, the Root Shoot American Single Malt is distilled from 100% Colorado-grown malted barley and then aged in first-use medium char American White Oak barrels for four years. This hyper-local expression boasts a sustainable supply-chain journey of only about 30 miles from field to bottle.

14. Stranahan’s Mountain Angel 10 Year

Insider Monkey Score: 3

Another annual release from Stranahan’s, this ultra-premium expression pushes the boundaries of American single malt whiskey by producing a flavor profile never before achieved in the category. Due to Denver’s high altitude and the usage of new American charred oak barrels, Mountain Angel had a unique angel’s share loss that enabled the distillery to achieve a 10-year-old single malt with a depth of flavors and aromas comparable to a Scotch whisky more than twice its age.

13. Bear Fight American Single Malt

Insider Monkey Score: 4

One of the Most Awarded American Single Malt Whiskeys in the market, this 100% malted barley expression has been aged in first-fill Bourbon barrels before finishing in used sherry and smoked peat casks, creating the perfect blend of Scotch tradition and American ingenuity.

12. Westward Whiskey Original

Insider Monkey Score: 4

The flagship single malt from Westward, this whiskey is created from two-row malted barley, fermented with craft ale yeast for outstanding flavor, double pot distilled for exceptional character, and matured to perfection in new, heavily toasted, and lightly charred American Oak barrels, before finally being bottled at 45% ABV.

11. Jack Daniel’s American Single Malt

Insider Monkey Score: 4

A new take on timeless single malt traditions, this unique expression is crafted from 100% malted barley and passed through Jack Daniel’s traditional charcoal mellowing process. It is then matured for at least four years in new charred American white oak barrels before being finished for an additional two years in the finest quality Spanish Oloroso Sherry casks.

10. Corsair Triple Smoke

Insider Monkey Score: 4

A good local alternative for peaty Scotch lovers, this deeply complex expression is pot-distilled from malted barley smoked with 3 different fuels – Scottish peat, American cherrywood, and German beechwood. The spirit is then barreled in new charred oak, giving it the sweetness of an American whiskey with the rich smoke of an Islay single malt scotch.

9. Yellowstone American Single Malt

Insider Monkey Score: 5

One of the Best American Single Malt Whiskeys According to Reddit, this rich and complex spirit is aged in new, charred oak barrels for four years and bottled at 108 proof. The expression boasts a nose of cereal malt and honey with a hint of peach blossom; a sweet, medium body with notes of honey, pear, stone fruit, and dates; and a finish that contains notes of oak, with hints of cinnamon and English Walnuts.

8. Westland Garryana 8th Edition

Insider Monkey Score: 5

The Garryana American Single Malt introduces an entirely new species of oak to the world of whiskey, the Pacific Northwest’s native oak, standing as a testament to terroir and perseverance. The 8th edition combines the sturdy and savory spice qualities of Garry Oak with the rich and dark fruit tones from Pedro Ximenez sherry casks and Washington State red wine casks.

7. McCarthy’s 3-Year Oregon Single Malt

Insider Monkey Score: 5

Made from peat-malted barley brought in from Scotland, this award-winning whiskey presents a robust and smoky nose, a taste complemented by hints of dried fruit and plum, and finally a warm finish of honey and delicate peat.

6. Westward Cask Strength

Insider Monkey Score: 6

A single malt that is fruity beyond its years and tastes even better than it smells, the Westward Cask Strength is made from locally malted barley from Oregon and aged in newly charred American Oak barrels. Although bottled at a robust 125-proof, this top-notch American whiskey is remarkably soft and sweet.

5. Cedar Ridge “The QuintEssential” Special Release Portside

Insider Monkey Score: 6

Included among the Top 5 American Single Malt Whiskeys in our list is the Quintessential Portside by the Iowa-based Cedar Ridge distillery. Handcrafted from 100% 2-row pale malted barley, this expression was first aged for 6 years in Cedar Ridge’s own Bourbon barrels and then finished in First Fill Ruby Port, First Fill Amontillado Sherry, and Virgin French Casks, before being married together.

Page 1 of 5

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by 15% and offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $6.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on our Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $6.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…