5 Best Wine Stocks to Invest in 2021

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1. Brown-Forman Corporation (NYSE: BF-B)

Number of Hedge Fund Holders: 35  

Brown-Forman Corporation (NYSE: BF-B) is a Kentucky-based firm in the alcoholic drinks business. It was founded in 1870 and is placed first on our list of 10 best wine stocks to invest in 2021. The company’s shares have offered investors returns exceeding 18% over the course of the past twelve months. Brown-Forman has operations in more than 170 countries and owns world-famous alcohol brands such as Jack Daniel’s, Woodford Reserve, Canadian Mist, and GlenDronach, among others. 

Brown-Forman Corporation (NYSE: BF-B) is one of the most dependable options for income investors as the firm pays a sizable and regular dividend to shareholders. On May 27, the company declared a quarterly dividend of $0.1795 per share, in line with previous. 

Out of the hedge funds being tracked by Insider Monkey, London-based investment firm Fundsmith LLP  is a leading shareholder in Brown-Forman Corporation (NYSE: BF-B)  with 11 million shares worth more than $774 million. 

You can also take a peek at 10 Blue Chip Dividend Stocks Hedge Funds Are Buying and 14 Best European Dividend Stocks To Buy.

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