5 Best Brewery and Distillery Stocks to Buy Now

1. Constellation Brands, Inc. (NYSE:STZ)

Number of Hedge Fund Holders: 53

Constellation Brands, Inc. (NYSE:STZ) is involved in the production, import, marketing, and sale of beer, wine, and spirits across the United States, Canada, Mexico, New Zealand, and Italy. The company made headlines last summer when its Mexican beer brand, Modelo Especial, became the Top-Selling Beer in America after dethroning Bud Light.

The investment community will be closely monitoring the performance of Constellation Brands in its forthcoming earnings report. It is anticipated that the company will report an EPS of $2.13, marking a 7.58% rise compared to the same quarter of the previous year. Last month, Morgan Stanley analyst Dara Mohsenian praised Constellation Brands, Inc. (NYSE:STZ)’s earnings and valuation. The analyst expects solid beer volumes in the future.

Constellation Brands, Inc. (NYSE:STZ) is the Best Alcohol Stock to Buy in our list.

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