In this article, we will discuss: 12 Best Alcohol Stocks to Buy Right Now.

On March 4, 2026, according to a Reuters report citing three sources familiar with the situation, Chicago-based Phusion Projects has hired JPMorgan to explore a sale of its Four Loko brand, which could be worth $400 million.  JPMorgan refused to comment, and Phusion did not respond to calls for comment. The process points out investor interest in ready-to-drink beverages, as beer, wine, and spirits sales in the United States fell in 2025. The Distilled Spirits Council of the United States reported that RTD sales climbed 16.4% year over year, approaching nearly $4 billion.

Phusion introduced Four Loko in 2005 as a caffeinated malt beverage containing up to 14% alcohol by volume. In 2010, the Food and Drug Administration informed caffeinated alcohol manufacturers that caffeine was a dangerous additive, triggering a reformulation. The brand has restored distribution in convenience stores and retailers, including Walmart, focusing on Generation Z and international consumers.

With that said, here are the 12 Best Alcohol Stocks to Buy Right Now.

Our Methodology

We used screeners to identify Alcohol Stocks and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

12 Best Alcohol Stocks to Buy Right Now

12. Monster Beverage Corporation (NASDAQ:MNST)

On February 26, 2026, Reuters reported that Monster Beverage Corporation (NASDAQ:MNST) surpassed fourth-quarter sales and profit projections. The firm posted net sales of $2.13 billion for the quarter ended December 31, up 17.6% from the previous year and surpassing the $2.04 billion average estimate given by LSEG. Adjusted earnings per share rose to 51 cents, exceeding expectations of 48 cents. Monster Energy Drinks sales grew by 18.9% to $1.99 billion, while Alcohol Brand revenue decreased 16.8% to $29 million. Gross margin increased to 55.5% from 55.3% due to pricing actions and supply-chain efficiency that offset higher aluminum costs.

Monster Beverage Corporation (NASDAQ:MNST)’s CEO, Hilton Schlosberg, said that existing tariffs will have no major impact on operating results but will likely raise expenses marginally in at least the first half of 2026 compared with the fourth quarter of 2025. He said that the corporation will continue to recognize aluminum tariffs through the higher Midwest premium and use hedging techniques when possible. Shares dipped around 2% during extended trading.

Monster Beverage Corporation (NASDAQ:MNST) is a holding company that develops, markets, sells, and distributes energy drinks and concentrates. The corporation is divided into four segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other.

11. Tilray Brands, Inc. (NASDAQ:TLRY)

On March 2, 2026, Tilray Brands, Inc. (NASDAQ:TLRY) paid £33 million for select BrewDog assets, including the global brand and intellectual property, UK brewing operations, and 11 brewpubs in the UK and Ireland. The brewpubs include Birmingham, Canary Wharf, Dogtap Ellon, Lothian Road, Dublin, Edinburgh DogHouse, Manchester, Paddington, Tower Hill, and Waterloo. The company estimates the acquired business to produce about $200 million in yearly net revenue and $6 million to $8 million in adjusted EBITDA, with cash flow becoming positive in fiscal 2027 as integration progresses. The firm does not foresee a significant EBITDA contribution in the final quarter of fiscal 2026, and it forecasts temporary revenue timing issues in early fiscal 2027 due to licensing transfers.

Following the transaction, Tilray Brands, Inc. (NASDAQ:TLRY) expects its overall global beverage platform to generate approximately $500 million in annual revenue, with consolidated annualized revenue of around $1.2 billion. The corporation is currently negotiating separate deals for BrewDog properties in the United States and Australia.

 Tilray Brands, Inc. (NASDAQ:TLRY) is a consumer packaged goods firm that specializes in medical cannabis research, as well as the cultivation, processing, and global distribution of cannabis products. It operates in the following segments: cannabis, distribution, beverage, and wellness.

10. Innovation Beverage Group Limited (NASDAQ:IBG)

On February 11, 2026, Innovation Beverage Group Limited (NASDAQ:IBG) announced an update regarding its proposed merger with BlockFuel Energy, targeting a closing in the first quarter of 2026, subject to clearances and closing conditions. The parties are working to establish a vertically integrated system that monetizes hydrocarbons through traditional sales and digital energy applications. Ten wells have resumed production, and management plans to restart seven more by the end of the month, boosting active output and available gas volumes. BlockFuel intends to complete its first oil and gas sales in February 2026, with initial sales expected before March 31, providing near-term cash flow visibility following the closing.

BlockFuel is moving forward with plans to construct modular, wellhead-adjacent gas-to-power and digital mining infrastructure that will scale capacity in response to gas availability and capital deployment. Management said that onsite gas-to-power costs are expected to be lower than grid prices, reducing shipping and processing expenses. The company has signed a letter of intent to purchase around 4,000 contiguous acres of nearby producing oil fields, thereby expanding scale and improving gas output.

Innovation Beverage Group Limited (NASDAQ:IBG) develops, manufactures, markets, exports, and sells a growing beverage portfolio. It has 60 formulations across 13 alcoholic and non-alcoholic brands for which it has exclusive manufacturing rights.

9. Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)

On February 10, 2026, Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) restructured its East Coast distribution plan, aligning New York State and the Mid-Atlantic region with Republic National Distributing Company. The arrangement connects Maryland and the District of Columbia with the company’s current Virginia relationship while also expanding access through RNDC’s New York network. The winery also changed its Pennsylvania representation to Southern Glazer’s Wine & Spirits.

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) expanded and restructured its national sales division, dividing the team into five areas. Robert Goodrich has joined as Eastern Region Sales Director, bringing over 15 years of wine distribution and supplier sales expertise, most recently as Regional Director of Chains at Ste. Michelle Wine Estate. Jimmy Lewis has joined as California Sales Manager, bringing over 30 years of experience from California vineyards, wholesale distribution, and culinary roles. Rebecca Geschwender, Senior Director of National Sales, leads the team, which includes Shelli Fowler, Central Region Sales Director; Tyler Voorhies, West Region Sales Director; and Chelsie Jewell, who runs the Oregon business.

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) is involved in the manufacture and sale of wine. It operates in two segments: Direct Sales and Distributor Sales.

8. MGP Ingredients, Inc. (NASDAQ:MGPI)

On February 25, 2026, MGP Ingredients, Inc. (NASDAQ:MGPI) announced fourth-quarter sales of $138.3 million, a 23% decrease, and a net loss of $134.6 million, including a $152.6 million non-cash goodwill and intangible asset impairment. Adjusted net income dropped 60% to $13.7 million, while adjusted EBITDA plummeted 51% to $26.1 million. Gross profit fell 35% to $48.3 million, reducing the margin to 34.9%. Sales fell 24% to $536.4 million in fiscal year 2025, resulting in a $107.8 million net loss. Adjusted net income decreased 51% to $61.5 million, while adjusted EBITDA slid 41% to $116.0 million. Operating cash flow rose to $121.5 million.

The company reported that its Branded Spirits segment’s fourth-quarter sales declined 1% to $63.4 million, while Distilling Solutions’ sales dropped 47% to $43.6 million, due to a 53% fall in brown goods. Ingredient Solutions’ sales slipped 10%, to $31.3 million. The firm forecasts sales of $480 million to $500 million in 2026, with adjusted EBITDA ranging from $90 million to $98 million.

MGP Ingredients, Inc. (NASDAQ:MGPI) manufactures and trades food, beverage, specialty wheat protein, and starch food ingredients. It operates in the following areas: Distilling Solutions, Branded Spirits, and Ingredient Solutions.

7. The Boston Beer Company, Inc. (NYSE:SAM)

On March 2, 2026, The Boston Beer Company, Inc. (NYSE:SAM) reported that it will expand Sinless Vodka Cocktails from three test markets to 34 states, releasing a revised package that highlights its 5% ABV vodka base. The product has 100 calories and contains no sugar or carbs. It is made with premium vodka and comes in Cranberry, Pineapple, Black Cherry, and Peach flavors. The company will sell 12-ounce four-packs, eight-pack formats, and 570 mL singles in specific flavors.

Separately, on February 24, 2026, The Wall Street Journal reported that The Boston Beer Company, Inc. (NYSE:SAM) had fourth-quarter net revenue of $385.7 million, down from $402.3 million. The company posted a loss of $22.5 million, or $2.12 per share, compared to a $38.8 million loss the previous year. The company’s tariff impact was $3.6 million, while depletions fell 6% due to drops in Truly Hard Seltzer, Samuel Adams, and Twisted Tea. The firm anticipates earnings per share of $8.50 to $11.00 in 2026, depletions in the low to mid-single digits, and a 1% to 2% pricing increase.

The Boston Beer Company, Inc. (NYSE:SAM) produces and sells alcoholic beverages. The company’s brands include Truly Hard Seltzer, Twisted Tea, Samuel Adams, Angry Orchard, Sun Cruiser, and Dogfish Head Craft Brewery.

6. Ambev S.A. (NYSE:ABEV)

On February 17, 2026, Barclays boosted Ambev S.A. (NYSE:ABEV)’s price objective to $3 from $2.50. The analyst retained an Equal Weight rating, noting a focus on profitability-led earnings and cash flow growth in 2026.

On February 12, 2026, Ambev S.A. (NYSE:ABEV) announced fourth-quarter organic net revenue growth of 4.8%, driven by an 8.7% increase in net revenue per hectoliter, while total volume fell 3.6%. Full-year organic net revenue grew by 4.0%, with a 7.5% rise in net revenue per hectoliter, offsetting a 3.3% volume reduction across activities. The company achieved a 5.6% rise in full-year normalized EBITDA, increasing the margin by 50 basis points to 33.4%, completing the third consecutive year of expansion. The firm reported a fourth-quarter normalized profit of R$4.6 billion, down 8.0%, while full-year normalized profit grew 1.6% to R$15.1 billion. Operating cash flow for the year was R$24.5 billion, down 6.3%.

Ambev S.A. (NYSE:ABEV) produces, distributes, and sells beverages. It manufactures beer, carbonated soft drinks, and various non-alcoholic and non-carbonated products. It functions across the following geographic areas: Brazil, Central America and the Caribbean (CAC), and Canada.

5. Molson Coors Beverage Company (NYSE:TAP)

On February 19, 2026, Reuters reported that Molson Coors Beverage Company (NYSE:TAP) expects a significant dip in 2026 profit due to rising aluminum tariffs and decreased consumption among price-sensitive consumers. The brewer forecasts adjusted earnings per share to fall by 11% to 15%, compared to analyst estimates of a 1.9% increase to $5.48. Shares dropped around 6% after-hours trading after the company failed to meet fourth-quarter revenue targets. The firm forecasts net sales to fall 1% or rise 1% in 2026, compared to projections of a 0.1% reduction. According to the company’s executives, aluminum costs are anticipated to weigh on profits by approximately $125 million.

Molson Coors Beverage Company (NYSE:TAP) announced fourth-quarter net sales of $2.66 billion, which fell short of forecasts of $2.71 billion, while underlying earnings of $1.21 per share topped expectations of $1.16. A rise in the Midwest aluminum premium resulted in an 8.1% increase in the cost of goods sold per hectoliter. CEO Rahul Goyal stated that management faced challenging decisions to reset the firm following weak 2025 demand, declining volumes, and continuing inflation. CFO Tracey Joubert cautioned that commodity inflation will continue to be a substantial drag on profitability in 2026.

Molson Coors Beverage Company (NYSE:TAP) is a holding company that produces and sells beer. It operates in three geographical regions: Americas, EMEA, and APAC.

4. Constellation Brands, Inc. (NYSE:STZ)

On February 12, 2026, Reuters reported that Constellation Brands, Inc. (NYSE:STZ) appointed Nicholas Fink as chief executive officer, succeeding Bill Newlands, as the brewer deals with demand issues. Fink, who formerly oversaw Fortune Brands Innovations, will take over as CEO on April 13 after serving on the firm’s board for five years. Newlands, who joined the firm in 2015 and became CEO in 2019, will step down from the board in April and act as a strategic advisor for several months to help with the leadership transition.

Constellation Brands, Inc. (NYSE:STZ)’s alcohol sales have been weak as Hispanic consumers cut back on purchases amid the Trump administration’s immigration campaign and broader economic concerns. TD Cowen analyst Robert Moskow does not expect the leadership decision to disrupt strategic direction, given Fink’s board expertise. The analyst also noted Fink supervised substantial organizational and portfolio changes during his tenure at Fortune Brands Innovations.

Constellation Brands, Inc. (NYSE:STZ) is involved in the manufacture, marketing, and distribution of beer, wine, and spirits. It operates in four segments: Beer, Wine and Spirits, Corporate Operations and Other, and Canopy.

3. Anheuser-Busch InBev SA/NV (NYSE:BUD)

On February 12, 2026, Reuters reported that Anheuser-Busch InBev SA/NV (NYSE:BUD) exceeded fourth-quarter profit and revenue projections while posting smaller-than-expected volume reductions. The brewer confirmed its 2026 profit growth target of 4% to 8%, outpacing Heineken and Carlsberg’s forecasts of 2% to 6%. The firm spent $7.4 billion on sales and marketing, gained or maintained market share in two-thirds of its markets, and anticipates events such as the Super Bowl, Winter Olympics, and soccer World Cup to boost 2026 performance.  CEO Michel Doukeris commented that the firm exited 2025 with stronger momentum. Shares jumped by 2% in early trading.

Anheuser-Busch InBev SA/NV (NYSE:BUD) posted annual profit growth of 4.9%, falling short of its projection range and dropping from more than 8% in 2024. The company faced weak global demand, driven by limited consumer budgets and severe weather. It had to deal with poor performance in China, foreign exchange swings that increased expenses, and aluminum tariffs imposed by the United States. China’s quarterly earnings decreased 38.7% due to declining sales and spending to revive the business.

Anheuser-Busch InBev SA/NV (NYSE:BUD) is a holding company involved in the production and distribution of alcoholic and non-alcoholic beverages. It operates in the following geographic regions: North America, the Middle Americas, South America, EMEA, Asia Pacific, Global Export and Holding Companies, and Worldwide.

2. Brown-Forman Corporation (NYSE:BF-B) 

On March 2, 2026, Brown-Forman Corporation (NYSE:BF-B) and Pabst Brewing Company announced that their cooperation in the United States for flavored malt beverages will terminate on July 7. Brown-Forman Corporation (NYSE:BF-B) will assume responsibility for supply, sales, marketing, and distribution. The 2021 agreement gave Pabst exclusive rights to create and distribute Jack Daniel’s Country Cocktails, as well as develop additional flavored malt beverages such as Jack Daniel’s Bolder, Jack Daniel’s Hard Tea, and el Jimador Spiked Bebidas. Robinson Brown IV, Senior Vice President and Managing Director, United States and Canada, Brown-Forman Corporation (NYSE:BF-B), said bringing the brands in-house will give the company more control over its ready-to-drink strategy as customer demand rises. Greig DeBow, Chief Executive Officer, Pabst, stated that Pabst will focus its resources on its core product and innovation.

Separately, on February 18, 2026, Brown-Forman Corporation (NYSE:BF-B)’s board announced a quarterly cash dividend of $0.2310 per share on Class A and Class B common stock, payable to shareholders of record on March 9, 2026, and payable on April 1, 2026.

Brown-Forman Corporation (NYSE:BF-B) produces and distributes alcoholic beverages. The firm sells whiskey, scotch, tequila, vodka, liquor, and wine. The company’s brands include Jack Daniel’s, Woodford Reserve, Old Forester, Early Times, Canadian Mist, Coopers’ Craft, Slane Irish, Finlandia, Korbel, El Jimador, Sonoma-Cutrer, and Chambord.

1. Diageo plc (NYSE:DEO)

On February 25, 2026, Diageo plc (NYSE:DEO) reported fiscal 2026 first-half net sales of $10.46 billion, a 4.0% decrease from F25 H1, with organic net sales dropping 2.8%. Europe, Latin America and the Caribbean, and Africa saw growth, countering weaker performance in North America and ongoing losses in Chinese white spirits in the Asia Pacific. The company reported an operating profit of $3.12 billion, a 1.2% decrease. Tariffs and an unfavorable mix reduced earnings, but disposals and marketing effectiveness boosted margins. Basic EPS increased 3.0% to 89.7 cents, while EPS before exceptional items decreased 2.5% to 95.3 cents.

Diageo plc (NYSE:DEO) earned $2.12 billion in operating cash flow and $1.53 billion in free cash flow, both dropping year-on-year, and concluded the period with a net debt of $21.7 billion. The corporation decided to sell its holdings in East African Breweries and the Kenyan spirits division to Asahi for $2.3 billion in net proceeds to reduce leverage.

Diageo plc (NYSE:DEO) is involved in the manufacturing and distribution of alcoholic beverages. The company’s brands include Johnnie Walker, Crown Royal, J&B, and Buchanan’s whiskies, Smirnoff, Ciroc, and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Casamigos, Tanqueray, and Guinness.

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Disclosure: None. 12 Best Alcohol Stocks to Buy Right Now is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.