According to Zen Score, the 3 best alcohol stocks to buy right now are:
1. Duckhorn Portfolio (NYSE:NAPA)
Duckhorn Portfolio (NYSE:NAPA) is the top wine stock with a Zen Score of 64, which is 32 points higher than the wine industry average of 32. It passed 21 out of 33 due diligence checks and has strong fundamentals. Duckhorn Portfolio has seen its stock lose -46.42% over the past year, underperforming other wine stocks by -34 percentage points.
Duckhorn Portfolio has an average 1 year
price target of $11.50, an upside of 46.5% from Duckhorn Portfolio's current stock price of $7.85.
Duckhorn Portfolio stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Duckhorn Portfolio, 37.5% have issued a Strong Buy rating, 37.5% have issued a Buy, 12.5% have issued a hold, while 12.5% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Constellation Brands (NYSE:STZ)
Constellation Brands (NYSE:STZ) is the second best wine stock with a Zen Score of 51, which is 19 points higher than the wine industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Constellation Brands has seen its stock return 12.76% over the past year, overperforming other wine stocks by 25 percentage points.
Constellation Brands has an average 1 year
price target of $301.53, an upside of 17.19% from Constellation Brands's current stock price of $257.31.
Constellation Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Constellation Brands, 73.33% have issued a Strong Buy rating, 26.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Mgp Ingredients (NASDAQ:MGPI)
Mgp Ingredients (NASDAQ:MGPI) is the third best wine stock with a Zen Score of 46, which is 14 points higher than the wine industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Mgp Ingredients has seen its stock lose -22.52% over the past year, underperforming other wine stocks by -10 percentage points.
Mgp Ingredients has an average 1 year
price target of $106.00, an upside of 34.88% from Mgp Ingredients's current stock price of $78.59.
Mgp Ingredients stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Mgp Ingredients, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.