Opinions
Jim Cramer - Mad Money
Suntory Beverage & Food
STBFY-O
BUY
Aug 16, 2021
A big Japanese premium liquor company whose products including Jim Beam, vodka, wines and energy drinks. Last week, they reported super first-half results: 9% revenue growth and 33% operating income up YOY. They also boast green initiatives.
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breweries
beverages
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The market is looking at recession-proof stocks--food and beverage. The group grapples with rising costs, but enjoy steady demand and stable management and pricing power to pass higher costs to consumers. Suntory has a thriving business, due in part to its brilliant 2014 purcahse of Jim Beam.
breweries
beverages