Considering investing in distillery stocks? While the best distillery stocks depend on your portfolio and investment goals, we've identified some distillery stocks that are worth keeping an eye on in the liquor sector. Keep reading to learn more about distillery stocks and how to start investing.
6 popular distillery stocks to watch
We round up a selection of stocks in or related to the liquor industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Diageo PLC ADR (DEO.US) | (data unavailable) | $50.9 billion (USD) | NYSE | (data unavailable) | Buy now |
| Constellation Brands Inc Class A (STZ.US) | -42.14% | $23.7 billion (USD) | NYSE | 2,734,969 | Buy now |
| N/A (RI.PA) | -21.41% | (data unavailable) | N/A | 440,836 | Buy now |
| Brown-Forman Corporation (BF-B.US) | -27.15% | $13.7 billion (USD) | NYSE | 7,710,300 | Buy now |
| MGP Ingredients (MGPI.US) | (data unavailable) | $491 million (USD) | NASDAQ | (data unavailable) | Buy now |
| Eastside Distilling (EAST.US) | (data unavailable) | $4.2 million (USD) | NASDAQ | (data unavailable) | Buy now |
What to look for when investing in distillery stock
The liquor industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering distillery stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in distillery stock
- Research the liquor industry. Before investing, learn about the distillery stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the distillery stock(s) to buy. Search by company name or ticker symbol, like DEO or STZ. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy distillery stocks
Are distillery stocks a good investment?
While it's possible to turn a profit investing in distillery stocks, keep in mind that—like any investment—distillery stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the liquor industry, so carefully vet your picks before you invest.What are the best distillery stocks?
A lot of factors go into picking the best distillery stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong distillery stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular distillery stocks in or related to the liquor industry to help narrow down your options:
- Diageo PLC ADR (DEO)
- Constellation Brands Inc Class A (STZ)
- N/A (N/A)
- Brown-Forman Corporation (BF-B)
- MGP Ingredients (MGPI)
- Eastside Distilling (EAST)
Keep in mind that this is not a "best" list or a recommendation. It highlights some distillery stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each distillery stock below. Keep reading to decide if any of these companies are the right investment for you.
Diageo PLC ADR (DEO)
Diageo plc, together with its subsidiaries, engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa. It offers beer, scotch, gin, vodka, rum, liqueur, raki, wine, Irish and Canadian whisky, US and Indian whisky, Chinese whisky, cachaça, tequila, brandy, and Chinese white spirit beverages. The company also provides ready-to-drink and non-alcoholic beverages.
| Market Capitalization | $50.9 billion |
|---|---|
| Gross profit (TTM) | $12.2 billion |
| Profit margin | 11.63% |
| Revenue (TTM) | $20.2 billion |
| Earnings per share (TTM) | $4.23 |
| 52-week stock price range | $86.57 – $127.04 |
Constellation Brands Inc Class A (STZ)
Constellation Brands, Inc. , together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company offers beer under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.
| Closing stock price | $137.87 |
|---|---|
| Market Capitalization | $23.7 billion |
| Gross profit (TTM) | $5 billion |
| Profit margin | 12.71% |
| Revenue (TTM) | $9.6 billion |
| Earnings per share (TTM) | $6.87 |
| 52-week stock price range | $126.45 – $239.24 |
N/A (N/A)
N/A. . .
| Closing stock price | N/A77.64 |
|---|
Brown-Forman Corporation (BF-B)
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink cocktails, ready-to-pour products, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Gentleman Jack, Herradura, el Jimador, Fords Gin, The Glendronach, Benriach, Glenglassaugh, and Slane brands.
| Closing stock price | $29.72 |
|---|---|
| Market Capitalization | $13.7 billion |
| Gross profit (TTM) | $2.3 billion |
| Profit margin | 21.38% |
| Revenue (TTM) | $3.9 billion |
| Earnings per share (TTM) | $1.79 |
| 52-week stock price range | $25.33 – $44.97 |
MGP Ingredients (MGPI)
MGP Ingredients, Inc. produces and supplies distilled spirits, branded spirits, and food ingredients worldwide. It operates in three segments: Distillery Solutions, Branded Spirits, and Ingredient Solutions.
| Market Capitalization | $491 million |
|---|---|
| Gross profit (TTM) | $225.6 million |
| Profit margin | -2.62% |
| Revenue (TTM) | $578.9 million |
| Earnings per share (TTM) | -$0.63 |
| 52-week stock price range | $21.67 – $46.48 |
Eastside Distilling (EAST)
Eastside Distilling, Inc. acquires, manufactures, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing.
| Market Capitalization | $4.2 million |
|---|---|
| Gross profit (TTM) | $733,000 |
| Profit margin | -68.37% |
| Revenue (TTM) | $10.3 million |
| Earnings per share (TTM) | -$4.35 |
| 52-week stock price range | $0.62 – $0.99 |
Compare trading platforms to buy distillery stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding distillery stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of distillery stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the liquor industry to know when to buy, sell or hold.Frequently asked questions about distillery stocks
Sources
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond distillery stocks, here are some others you can consider:More guides on Finder
-
Firstrade Canada alternatives
Find brokers like Firstrade in Canada to help you begin your online investing journey.
-
E-Trade Canada alternatives
You can’t use E-Trade in Canada, so check out these popular trading platforms instead.
-
7 alternatives to Wealthsimple in Canada
We compare seven Wealthsimple alternatives to help you find the best investing platform or day-to-day bank account.
-
7 satellite stocks to watch
Want to invest in satellite companies? We’ve put together a list of satellite stocks you should keep your eye on.
-
6 potash stocks to watch
Want to invest in the potash industry? We’ve put together a list of potash stocks you should keep your eye on.
-
7 wheat stocks to watch
Want to invest in wheat companies? We’ve put together a list of wheat stocks you should keep your eye on.
-
8 residential reit stocks to watch
Want to invest in REIT companies? We’ve put together a list of residential REIT stocks you should keep your eye on.
-
8 bnpl stocks to watch
Want to invest in buy now, pay later companies? We’ve put together a list of BNPL stocks you should keep your eye on.
-
7 trucking stocks to watch
Want to invest in trucking companies? We’ve put together a list of trucking stocks you should keep your eye on.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.