Growth in demand for premier spirits, the rising use of e-commerce and delivery, and the desire for more experiential drinking are all trends within the alcohol and adult beverage industry. Supply chain freezes and slowed production caused by the pandemic seem to be easing as we near what many hope is the end of a two-year trauma. The alcohol industry is ready to welcome back bar-goers, sofa-sippers, and backyard heroes alike. Firms like Rogue Baron (OTCMKTS: SHNJF) and their whisky brand Shinju and their De Rhum Spot rum bar are already finding success in a pandemic and post-pandemic world. That’s why they, along with four other beverage companies, are on our watchlist.
Rogue Baron plc (OTCMKTS:SHNJF) is a premium liquor brand developer that is angling to become the next multi-million dollar buyout success story. Its award–winning Shinju Japanese Whiskey may be the best opportunity to attract one of the majors like Diageo plc or Constellation Brands. SHNJF is still rather unknown stateside. Take advantage of arbitrage opportunities by starting your research today on SHNJF
Eastside Drilling (NASDAQ:EAST): This is the first company that investors could consider putting into their watch lists at this point. The beverage company, which is of a consumer facing variant, is well known for the development of high end artisanal products and experiential brands.
Recently, the company announced that it had decided to postpone its Special Meeting of Shareholders that was supposed to be held on February 8, 2022. The company announced that the meeting had to be postponed because it had received insufficient number of proxies and on top of that, there was a possibility that a quorum was not going to be reached.
Ambev (NYSE:ABEV) is the next company should be on your radar. The beer manufacturing giant Ambev S.A. It is one of the biggest manufacturers of beer in the world and yesterday, the stock received a rating upgrade from Citi.
Recently, Citi had rated the stock as ‘neutral’ but last week the stock was upgraded to a ‘buy’ and that is a development that could bring considerable bullish pressure on to the stock. Sergio Matsumoto, who is the analyst at City, noted that the recent decline in the stock could well be an opportunity to get into the stock.
Willamette Valley Vineyards (NASDAQ:WVVI) is another one for your watchlist. By any stretch of imagination it is the Oregon based Pinot Noir wine producer Willamette Valley Vineyards Inc that could be tracked at this point in time.
There has actually not been any recent news about the company but back in November the company announced that it had generated net income of $95,120 and $640,347 in the three month periods that had ended on September 30, 2021 and September 30, 2022 respectively. While there has not been any fresh news, it may be a good time to keep an eye out for any news.
Compania Cervecerias Unidas S.A. (NYSE:CCU) reported mixed first-quarter fiscal 2022 results, wherein the top line grew year over year and surpassed analysts’ Consensus. The company witnessed robust sales growth across all segments. Meanwhile, the bottom line declined year over year and missed the consensus mark.
CompañÃa CervecerÃas Unidas S.A. operates as a beverage company principally in Chile, Argentina, Uruguay, Paraguay, Colombia, and Bolivia. The company operates through three segments: Chile, International Business, and Wine.
