{"id":88159,"date":"2019-07-11T15:57:00","date_gmt":"2019-07-11T15:57:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=88159"},"modified":"2019-07-11T15:57:00","modified_gmt":"2019-07-11T15:57:00","slug":"top-6-distillers-wineries-stock-to-buy-in-2019","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/top-6-distillers-wineries-stock-to-buy-in-2019\/","title":{"rendered":"Top 6 Distillers & Wineries Stock to Buy in 2019"},"content":{"rendered":"

Wine is becoming more popular among the younger generation, and millennials are consuming more wine than other generations. There are not many wine or distillery companies that trade publicly, although the increased demand could have strong benefits to the sector. Furthermore, many analysts believe that cannabis is likely to eat into beer sales. However, legalized weed should not hit wine or spirit sales.<\/p>\n

Alcohol companies in general are considered defensive in times of economic slow-down, as consumers will still buy alcohol in recessions. The industry also just went through consolidation last year, where smaller players were acquired and there were some mergers. Now, in 2019, many publicly traded distillery and winery companies are regaining their footing.<\/p>\n

Here are 6 distiller and winery stocks to buy in 2019:<\/p>\n

🍷 Distillers & Wineries<\/strong><\/p>\n

Canada Stocks<\/strong><\/p>\n

Corby Spirit and Wine (A) (CSW.A-T)<\/a>
\nA alcohol manufacturing company that is based in Ontario. They paid out a special dividend at the end of 2018. They generate a high cash flow and some expect Corby Spirit and Wine to get into the cannabis space.
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\n\t\t\t\t\n\t\t\t\t\t\"Corby\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tCorby Spirit and Wine (A) (CSW.A-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about CSW.A-T: Ace Beverage acquisition got him interested. Some really nice growth coming, but not all segments are growing. So it's not going to give him the consistent 10-15% growth rate of a great company. Last quarter showed 9%.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Diamond Estates Wines and Spirits Inc. (DWS-X)<\/a>
\nA leader in alcohol sold in grocery stores in Ontario. They had some problems and had to re-list their products at the LCBO, but this process is now complete. They acquired a vineyard last year and doubled their retail store capacity there.
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\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Diamond\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tDiamond Estates Wines and Spirits Inc. (DWS-X) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about DWS-X: Canadian wine has big tailwinds, including Premier Ford's cash rebate that began last year which is putting cash into Ontario wineries. Also, retail outlets in Ontario are opening up. Volumes are surging. The Buy Canadian movement has a lesser impact. Removing interprovincial barriers will help. Many tailwinds now and this will raise…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Andrew Peller (ADW.A-T)<\/a>
\nThe second biggest wine company in Canada. Sales in grocery stores are a big prospect for them where grocery stores are being encouraged to carry wine. They have a strong management team and investors should start seeing benefits of investing in brands.
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\n\t\t\t\t\n\t\t\t\t\t\"Andrew\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tAndrew Peller (ADW.A-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about ADW.A-T: Stores may or may not be impacted by Ontario government rolling out more retail locations. The Pellers stepped down from the board, possibly planning a bid to privatize the company but he's not really sure.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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U.S Stocks<\/strong><\/p>\n

Diageo PLC (DEO-N)<\/a>
\nThe world\u2019s larest alcoholic beverage company. A very well run company with strong brands. The U.S. is their most successful market. They are generating a lot of free cash flow. More of a dividend play.
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\n\t\t\t\t\n\t\t\t\t\t\"Diageo\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tDiageo PLC (DEO-N) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about DEO-N: They face the health issues over alcohol, so younger people are cutting back. Also, had distribution issues and recently change the CEO. Expects them to focus more on premium brands. They are best in class in premium alcohol.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Brown-Forman (BF.B-N)<\/a>
\nOne of the largest American spirits and wine company. Their brands include Jack Daniels and Finlandia. They have shown consistent results and have been chronically undervalued.
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\n\t\t\t\t\n\t\t\t\t\t\"Brown-Forman\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tBrown-Forman (BF.B-N) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about BF.B-N: It reports Thursday. Liquor hasn't bottomed due to the weight-loss drugs and many young people about their health. Also, BF's prices won't come down.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Constellation Brands Inc (STZ-N)<\/a>
\nA multinational alcohol producer that has major stakes in WEED-T. They are valued fairly and is an excellent defensive stock in consumer staples. They have stable income from a wide range of alcohol brands under them, including Corona.
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\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Constellation\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tConstellation Brands Inc (STZ-N) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about STZ-N: They report Monday. This and the other alcohol stocks have fallen out of favour. The CEO says that sales are hurt by ICE raids in popular shopping destinations.\u00a0 Is -36% this year and trading at a very cheap 12x PE, but this low PE is justified given weakening sales and the rise…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div> <\/p>\n","protected":false},"excerpt":{"rendered":"

Wine is becoming more popular among the younger generation, and millennials are consuming more wine than other generations. There are not many wine or distillery companies that trade publicly, although the increased demand could have strong benefits to the sector. […]<\/p>\n","protected":false},"author":9,"featured_media":88324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[17],"tags":[],"class_list":["post-88159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lists"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/88159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=88159"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/88159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/88324"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=88159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=88159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=88159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}