7 Best Beverage Stocks to Buy Now
The global beverage industry can be characterized as being massive and mature. It’s valued at $1.81 trillion in 2022. By comparison, the entire U.S. economy is valued at somewhere around $25 trillion based on GDP. That isn’t an apples-to-apples comparison, but it does get the point home that the beverage industry is indeed massive. It’s also a mature industry that has developed over many decades and can trace its roots back to previous centuries. That implies that the industry is mature and growth should logically be somewhat slower. That’s true: The industry is marked by a compound annual growth rate of 4%. But it’s steady. That’s also a positive in a period when it’s difficult to depend on much. But that safety is a good part of the argument in favor of beverage stocks. 7 Stocks Hedge Funds Are Buying Right Now With that in mind, here are the best beverage stocks to consider today. Ticker Company Recent Price MNST Monster Beverage Corp $96.12 BF.B Brown-Forman $71.18 KO Coca-Cola $62.49 PRMW Primo Water Company $13.16 CELH Celsius $74.95 KDP Keurig Dr Pepper $36.40 ABEV Ambev $2.66 Monster Beverage Corp (MNST) Monster Beverage Corp (NASDAQ: MNST ) stock is underpinned by multiple energy drink brands, most famously the eponymous Monster brand.
7 Best Beverage Stocks to Buy Now
The global beverage industry can be characterized as being massive and mature. It’s valued at $1.81 trillion in 2022. By comparison, the entire U.S. economy is valued at somewhere around $25 trillion based on GDP. That isn’t an apples-to-apples comparison, but it does get the point home that the beverage industry is indeed massive. It’s also a mature industry that has developed over many decades and can trace its roots back to previous centuries. That implies that the industry is mature and growth should logically be somewhat slower. That’s true: The industry is marked by a compound annual growth rate of 4%. But it’s steady. That’s also a positive in a period when it’s difficult to depend on much. But that safety is a good part of the argument in favor of beverage stocks. 7 Stocks Hedge Funds Are Buying Right Now With that in mind, here are the best beverage stocks to consider today. Ticker Company Recent Price MNST Monster Beverage Corp $96.12 BF.B Brown-Forman $71.18 KO Coca-Cola $62.49 PRMW Primo Water Company $13.16 CELH Celsius $74.95 KDP Keurig Dr Pepper $36.40 ABEV Ambev $2.66 Monster Beverage Corp (MNST) Monster Beverage Corp (NASDAQ: MNST ) stock is underpinned by multiple energy drink brands, most famously the eponymous Monster brand.