Gary Vaynerchuk Stock Portfolio: 5 Stocks to Consider

1. The Boston Beer Company, Inc. (NYSE:SAM)

Number of Hedge Fund Holders: 42   

In an interview with Yahoo Finance late last year, Vaynerchuk advised investing in booze for solid returns. The business influencer has been a long-term admirer of investing in wine stocks and ran a show called Wine Library TV on the internet from 2006 till 2011. The Boston Beer Company, Inc. (NYSE:SAM) is presently one of the most high-profile alcohol stocks on the market and recently beat market expectations on revenue in the third quarter results. 

In May, Bernstein analyst Trevor Stirling had initiated coverage of The Boston Beer Company, Inc. (NYSE:SAM) stock with an Outperform rating and a price target of $1,340, noting the share price offered an attractive entry point for investors with plenty of upside potential. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in The Boston Beer Company, Inc. (NYSE:SAM) with 234,700 shares worth more than $239 million.

You can also take a peek at 10 Penny Stocks Redditors are Buying in August and 10 Best Nickel Stocks to Buy Now.

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