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4 Promising Alcohol Stocks to Watch as Supply-Chain Woes Loom

The Zacks Beverages – Alcohol industry has been witnessing rampant demand at bars and restaurants, with the reopening of the on-premise channel. Meanwhile, the demand for alcohol in e-commerce portals and off-premise continues unabated. Companies are expected to benefit from the momentum in spirits and ready-to-drink (RTD) cocktails. Investments in product innovations and technology platforms bode well for players like Diageo Plc DEO, Constellation Brands Inc. STZ, Molson Coors Beverage Company TAP and The Duckhorn Portfolio NAPA.

Though the demand environment remains robust, companies are struggling to meet the demand due to the ongoing supply-chain disruptions, which have led to product shortages due to port congestion-related supply delays. Escalated input, freight and packaging costs along with higher advertising expenses may continue to be headwinds.

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Diageo plc (DEO): Free Stock Analysis Report
Molson Coors Beverage Company (TAP): Free Stock Analysis Report
Constellation Brands Inc (STZ): Free Stock Analysis Report
The Duckhorn Portfolio, Inc. (NAPA): Free Stock Analysis Report
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