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What are the best alcohol stocks to buy in 2023?

To make money off of the innovation in the alcohol sector, which is also highly defensive in nature, some of the best alcohol stocks to buy heading into 2023 include Constellation Brands, Inc. (NYSE: STZ), Brown-Forman Corporation (NYSE: BF-B), and The Boston Beer Company, Inc. (NYSE: SAM). Our Methodology

What are alcohol stocks?

Alcohol stocks are the stocks of alcoholic beverage companies that make and distribute beer, wine, and spirits. They fall into a category called “sin stocks” (similar to a vice fund), which includes marijuana stocks, tobacco stocks, gambling, and weapons manufacturers.

Should you invest in alcoholic beverage stocks?

A fine wine stock can be an attractive long-term investment! However, there are also some negatives to parking your money in alcohol stocks. Here’s why you shouldn’t bank only on alcoholic beverage company stocks: 1. Performance Issues During Economic Downturns

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