3 Beer Stocks to Mull
These businesses are somewhat insulated from economic upheavals such as the one caused by the pandemic.
As days get warmer and equity markets get frothier, some investors may be looking for something cooler. And what better place to find solace than inside your fridge?
The S&P 500 and Nasdaq indexes have reached record highs this year, clocking more than 12% and nearly 10% gains, respectively, for the year to date, as of April 30. Those looking for islands of investing opportunities in a sea of overvalued equities may want to look at beer stocks. Some of these purveyors of foamy beverages are trading at sizable discounts, implying a margin of safety.
Vikram Barhat does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.