What Are the Best Wine Stocks to Buy Right Now? | Vint
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What Are the Best Wine Stocks to Buy Right Now? | Vint

Wine Glass

After careful consideration, you've decided to jump into the world of stocks. Or maybe you're looking to extend your stock investments into a new market sector. Where can your hard-earned cash be invested?

Across the worlds' wine stocks, of course. But why wine?

Global consumption of wine is steadily rising and has historically remained stable. People have been consuming wine since at least biblical times, and there's no end in sight. Not only does wine help relax you and have cultural significance to many, but it can also provide health benefits.

Investing in the right wine stocks can give you strong returns. But what are the wine stocks to explore? Continue reading to find out.

Brown-Forman Corporation

The Brown-Forman Corporation is an American-based company operating out of Kentucky. They're a global leader in the publicly traded wine sector and are best known for their liquor labels like Jack Daniels or Korbel.

The company was founded in 1870 and has continued to be successful throughout the last century. Last year, the Brown-Forman Corporation had a profit margin of 25.10 percent. This high profit margin proves their place among the best wine stocks to buy right now.

Diageo PLC

This leading distilling and brewing company is based in London, United Kingdom. Although Diageo PLC primarily deals in beer and distilled liquor labels, they're also widely involved in wine.

Diageo PLC is the mastermind behind many well-known liquor labels. Johnnie Walker, Captain Morgan, and Smirnoff are only a few prime examples.

With such widely recognized labels, you'd assume Diageo PLC is a prosperous company to invest in. Your assumption would be correct. Over the last five years, the company averaged a dividend yield of nearly three percent.

Constellation Brands

Constellation Brands is one of the largest global producers of wine, beer, and spirits. They're the company behind labels like Corona, Modelo, and SVEDKA VODKA.

Since its founding in 1945, the New York-based company has made use of high-quality ingredients from Sonoma County and the Napa Valley to create its products. Last year, Constellation Brands products sold in hundreds of countries and made a dividend yield of 1.55 percent.

Notable Mentions

Although the three wine stocks above are interesting investment choices now, there are many other companies you could choose from. A few notable investment option mentions include:

  • Willamette Valley Vineyards, Inc.
  • LVMH Moet Hennessy Louis Vuitton SE
  • Andrew Peller Limited
  • Pernod Ricard
  • Truett-Hurst, Inc.
  • Corby Spirit and Wine
  • Crimson Wine Group
  • Diamond Estates Wine and Spirits
  • MGP Ingredients
  • United Breweries Company

Do You Have More Questions About the Best Wine Stocks?

Investing in wine stocks can prove to be a fruitful financial endeavor. The companies listed above are among the best investment choices, but they're far from the only options. Remember, it's always best to diversify by investing in two or more different wine companies.

Do you have more questions about the best wine stocks?

Wine stocks are just one way to invest into this exciting market. Vint provides a more direct opportunity to invest directly into fine wine. Visit our website to get access and invest in wine.

Vint is not a registered investment advisor. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

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