By Matthew Makowski Beer stocks are poised to become a lot more interesting for investors. Many of them are selling at a discount. But that might not be the case for much longer.
It’s widely reported that during the pandemic, drinking was up. Way up. Somewhat surprisingly though, folks weren’t turning to their usual tipple while quarantined. With few options for “adventure” at hand, many turned to their local liquor store for a sense of exploration. And it’s evident that some chances were taken.
During the pandemic, brandy sales shot up 43%. Whiskey sales went up 39%. Fortified wine sales (like port and madeira) raised …read more