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: C, Growth: C, Momentum: F, Sentiment: B, Safety: C, Financials: C, and AI: C.
Mgp Ingredients (NASDAQ:MGPI) has a Due Diligence Score of 19, which is -5 points lower than the wine industry average of 24.
MGPI passed 6 out of 38 due diligence checks and has weak fundamentals. Mgp Ingredients has seen its stock lose -43.3% over the past year, overperforming other wine stocks by 8 percentage points.
Mgp Ingredients has an average 1 year
price target of $27.75, an upside of 68.18% from Mgp Ingredients's current stock price of $16.50.
Mgp Ingredients stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Mgp Ingredients, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Brown Forman (NYSE:BF.B)
The Component Grade breakdown for Brown Forman (NYSE:BF.B) is: Value: C, Growth: C, Momentum: C, Sentiment: D, Safety: B, Financials: A, and AI: C.
Brown Forman (NYSE:BF.B) has a Due Diligence Score of 38, which is 14 points higher than the wine industry average of 24.
BF.B passed 13 out of 38 due diligence checks and has average fundamentals. Brown Forman has seen its stock lose -1.03% over the past year, overperforming other wine stocks by 50 percentage points.
Brown Forman has an average 1 year
price target of $26.44, a downside of -2.1% from Brown Forman's current stock price of $27.01.
Brown Forman stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Brown Forman, 11.11% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 11.11% have issued a Sell rating, and 11.11% have issued a Strong Sell.
3. Constellation Brands (NYSE:STZ)
The Component Grade breakdown for Constellation Brands (NYSE:STZ) is: Value: C, Growth: D, Momentum: D, Sentiment: C, Safety: C, Financials: B, and AI: C.
Constellation Brands (NYSE:STZ) has a Due Diligence Score of 45, which is 21 points higher than the wine industry average of 24.
STZ passed 16 out of 38 due diligence checks and has strong fundamentals. Constellation Brands has seen its stock lose -12.54% over the past year, overperforming other wine stocks by 39 percentage points.
Constellation Brands has an average 1 year
price target of $174.33, an upside of 17.39% from Constellation Brands's current stock price of $148.51.
Constellation Brands stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Constellation Brands, 26.67% have issued a Strong Buy rating, 26.67% have issued a Buy, 40% have issued a hold, while 6.67% have issued a Sell rating, and 0% have issued a Strong Sell.