In this article, we discuss 10 best alcohol stocks to buy heading into 2023.
Despite the threat of recession, investments in the alcohol sector have shown resilience. CNBC reported in July 2022 that with consumers staying home during the pandemic, a lot of them moved to new, more expensive alcohol brands and increased their consumption of snacks as well. Consumers are also habitual of buying snacks and spirits online still. During the pandemic, the largest boom in the alcohol sector came in the form of pre-mixed and ready-to-drink cocktails and drinks.