The Ultimate Guide: Top Whiskey and Alcohol Industry for 2022

Alcohol drinkers, Pay attention! We consulted professionals to get their insights on the best whiskey brands and alcohols. For the smoothest, refined, and easiest-to-drink bottles on the market. For your next soothing, post-dinner drink, whether you favor Scotch, Japanese single malt, or Kentucky bourbon, we have the ideal alcohols.

This is by far the top 5 whiskey and alcohol Industry in 2022.

 

5. Diageo plc (NYSE:DEO) 

Number of Hedge Fund Holders: 19

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Diageo plc (NYSE:DEO) is a beverage alcohol company that has production facilities in more than 140 different countries. Through its well-known top-selling brands like Johnnie Walker, Crown Royal, Bulleit, and Buchanan’s whiskies, the corporation produces fine alcohol such as scotch, whiskey, gin, vodka, and rum. One of the biggest distillers in the world and one of the best-performing companies in the liquor industries, Diageo plc (NYSE:DEO) is one of the top 5 whiskey and alcohol stocks to buy in 2022.

 

Toby McCullagh, an analyst with Societe Generale, restated his Buy rating and increased his price objective for Diageo plc (NYSE:DEO) to 4,500 GBP from 4,250 GBP in April.

 

Hedge funds are investing heavily in Diageo plc (NYSE:DEO). According to a reliable source, 19 hedge funds had positions in Diageo plc (NYSE:DEO) at the end of the fourth quarter of 2021, reaching $935.93 million. In the third quarter of 2021, there were 18 hedge funds with interests reaching $703.94 million.

 

4. The Boston Beer Company, Inc. (NYSE:SAM)

Number of Hedge Fund Holders: 32

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Alcohol beverage produced and sold largely in the US by The Boston Beer Company, Inc. (NYSE:SAM). The company sells its alcohol to a network of around 400 wholesalers in the United States, Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. Its signature beer is the Samuel Adams Boston.

 

Jim Koch, the chairman and founder of The Boston Beer Company, Inc. (NYSE:SAM), stated on February 16, 2022 that he is aiming for a full-year volume increase for the fiscal year 2022 between 4 and 10% as the company’s inventory levels recover. The Boston Beer Company, Inc. (NYSE:SAM), one of the top 5 whiskey and alcoholic beverage stocks to buy in 2022, with promising outlooks and aggressive FY 2022 guidance. 

 

The Boston Beer Company, Inc. (NYSE:SAM) analyst Kaumil Gajrawala of Credit Suisse trimmed his price objective for the stock to $620 from $670 shortly after the company released its quarterly earnings on April 22, but he maintained an Outperform rating for the shares. After a string of disappointing quarters, the company allegedly reported positive results for the current quarter. The analyst further said that the company’s sustained EPS and revenue projection indicates sustainable development.

 

3. Molson Coors Beverage Company (NYSE:TAP)

Number of Hedge Fund Holders: 33

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Molson Coors Beverage Company (NYSE:TAP) produces and sells Beer and other malt beverages in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. As of May 13, the shares of Molson Coors Beverage Company (NYSE:TAP) has increased 13.66% over the previous six months.

 

On May 3, Molson Coors Beverage Company (NYSE:TAP) announced earnings for the first fiscal quarter of 2022 that outperformed the market. Earnings per share for the business came in at $0.29, exceeding projections by $0.10. Revenues for the company increased by 16.66% year over year to $2.21 billion, beating sales forecast by $71.90 million.

 

The stock of Molson Coors Beverage Company (NYSE:TAP) quickly gained favor with investors. At the end of Q4 2021, 33 hedge funds were long Molson Coors Beverage Company (NYSE:TAP), according to Insider Monkey’s database. These funds had a total of 325.64 million in stakes, up from $236.76 million and 29 positions in the previous quarter.

2. Brown-Forman Corporation (NYSE:BF.B)

Number of Hedge Fund Holders: 34

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Several alcoholic beverages are produced, and sold by Brown-Forman Corporation (NYSE:BF.B). Jack Daniel’s, Woodford Reserve, Old Forester, GlenDronach, Benriach, Glenglassaugh, Slane Irish Whiskey, and Korbel Champagne are just a few of the company’s well-known products. The fact that Brown-Forman Corporation (NYSE:BF.B) has the most premium beer brands and is one of the largest corporations in the liquor industry by market share—$31.32 billion as of May 13—justifies the stock’s ranking as the second-best whiskey and alcohol beverage stock to buy in 2022.

 

1. Constellation Brands, Inc. (NYSE:STZ)

Number of Hedge Fund Holders: 48

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p dir=”ltr” style=”line-height: 1.38;text-align: justify;margin-top: 0pt;margin-bottom: 0pt”>Constellation Brands, Inc. (NYSE:STZ) produces, imports, and sells alcoholic beverages in the United States, Canada, Mexico, New Zealand, and Italy. Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Pacifico, 7 Moons, Cook’s California Champagne, Cooper & Thief, Crafters Union, and Kim Crawford are just a few of the company’s premium alcoholic beverage brands. As of May 13, Constellation Brands, Inc. (NYSE:STZ) stock had increased 8.78 percent over the previous six months, making it a high-momentum whiskey and alcoholic beverage stock to buy in 2022.