Send me real-time posts from this site at my email

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.

Zacks’ Top Picks to Cash in on Artificial Intelligence

This world-changing technology is projected to generate $100S of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.

See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
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
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue