Markets

Insider Trading

Hedge Funds

Retirement

Opinion

The Best Whiskey to Try in 2024

In this article, we are going to discuss the best whiskey to try in 2024. If you’re also interested in other must-try expressions from around the world, here is our full list of the 20 Best Whiskeys to Try Before You Die.

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.

Recent Developments in the Whiskey Industry: 

The Brown-Forman Corporation (NYSE:BF-B), one of the largest American-owned spirits companies, announced the launch of its own distribution business in Japan in April, bringing the distribution in-house for the first time since the company entered the all-important market in the 1970s.

The Land of the Rising Sun is one of the largest markets in the world for premium whiskeys with BF’s Jack Daniel’s leading the premium whiskey category in the country. The Brown-Forman Corporation (NYSE:BF-B) also announced its decision to establish its own distribution business in Italy earlier this year, with the planned change taking effect from May 2025.

Brown-Forman had a relatively weak Q3 after its sales fell short of estimates, overshadowing a profit beat. The company had a revenue of $1.069 billion for the quarter ending January 31st 2024, a decrease of 1% from the same quarter last year. Shares of BF-B have witnessed a 22.1% decrease in value since the beginning of 2024.

In other news, Diageo plc (NYSE:DEO) announced the reopening of its Port Ellen Distillery in March. Situated on the famed island of Islay, the distillery had been closed for 40 years before the spirits giant decided to breathe new life into it. The reopening is the final chapter in a $235.5 million investment from Diageo plc (NYSE:DEO), which has also seen the revival of another famous ghost distillery, Brora, as well as investments into various other whisky visitor centers. It must be mentioned that in 2023, a single cask from Port Ellen sold for over $1 million, so perhaps reviving the 19th-century distillery was a smart decision by the Guinness-maker.

The stock of DEO was held by 30 hedge funds at the end of Q1 2024 in the Insider Monkey database, with a collective stake value of around $634.21 million. Orbis Investment Management boasted the largest stake of a little over 1.54 million shares, valued at $229.2 million.

Both Brown-Forman Corporation (NYSE:BF-B) and Diageo plc (NYSE:DEO) are ranked among the Most Valuable Alcohol Companies in the World.

Methodology: 

To collect data for this article, we have referred to a number of sources, such as Liquor, VinePair, Men’s Journal, Reddit etc., looking for the Best Whiskeys to Try in the World. To make sure we give you the best of the best, we shortlisted 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 price (excluding tax) of their 750 ml bottles.

1. George T. Stagg 2022

Insider Monkey Score: 24

George T. Stagg built the most dominant American distillery of the 19th century, during a time known as the Gilded Age of Bourbon. This powerful, flavorful, and intense offering from Buffalo Trace’s ‘Antique Collection’ series is comprised of barrels aged for more than 15 years and 5 months, and bottled at 138.7 proof – the highest in the range of GTS to date.

Made from a mash bill of rye, malted barley, and corn, this incredible Bourbon has notes of toasted pecan and chocolate sauce on the nose, a rich blend of baking spice, vanilla, and cherry pie on the palate, and a robust finish of black coffee, molasses, and oak.

To learn more about other must-try whiskeys, you can refer to our list of the 20 Best Whiskeys to Try Before You Die.

At Insider Monkey, we delve into a variety of topics, ranging from the best rums to business aspects; however, our expertise lies in identifying the top-performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising that NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks.

Disclosure: This article is originally published at Insider Monkey.

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 a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

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

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

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues 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 year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 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 $29.

2. Enjoy a year 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 over the next 12 months.

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 year 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…