According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best alcohol stocks to buy right now are:
1. Mgp Ingredients (NASDAQ:MGPI)
The Component Grade breakdown for Mgp Ingredients (NASDAQ:MGPI) is: Value: B, Growth: C, Momentum: F, Sentiment: B, Safety: C, Financials: C, and AI: C.
Mgp Ingredients (NASDAQ:MGPI) has a Due Diligence Score of 22, which is -7 points lower than the wine industry average of 29. Although this number is below the industry average, our proven quant model rates MGPI as a "B".
MGPI passed 7 out of 38 due diligence checks and has weak fundamentals. Mgp Ingredients has seen its stock lose -42.09% over the past year, overperforming other wine stocks by 7 percentage points.
Mgp Ingredients has an average 1 year
price target of $30.00, an upside of 21.61% from Mgp Ingredients's current stock price of $24.67.
Mgp Ingredients stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Mgp Ingredients, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Sndl (NASDAQ:SNDL)
Sndl (NASDAQ:SNDL) is the #2 top wine stock out of 14 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
Learn more.
The Component Grade breakdown for Sndl (NASDAQ:SNDL) is: Value: D, Growth: B, Momentum: C, Sentiment: D, Safety: C, Financials: C, and AI: C.
Sndl (NASDAQ:SNDL) has a Due Diligence Score of 35, which is 6 points higher than the wine industry average of 29.
SNDL passed 11 out of 33 due diligence checks and has average fundamentals. Sndl has seen its stock return 20% over the past year, overperforming other wine stocks by 69 percentage points.
Sndl has an average 1 year
price target of $5.00, an upside of 145.1% from Sndl's current stock price of $2.04.
Sndl stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Sndl, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Agencia Comercial Spirits (NASDAQ:AGCC)
The Component Grade breakdown for Agencia Comercial Spirits (NASDAQ:AGCC) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Agencia Comercial Spirits (NASDAQ:AGCC) has a Due Diligence Score of 29, which is equal to the wine industry average of 29.
AGCC passed 10 out of 33 due diligence checks and has average fundamentals.