5 Best Beverage Stocks To Buy Now

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Below we presented the list of 10 best beverage stocks to buy now. For a detailed discussion on our investment thesis, future growth outlook for the beverage industry and catalysts, see the 10 Best Beverage Stocks to Buy Now.

5. Kraft Heinz Co 

Kraft Heinz Co (NASDAQ: KHC) is an Illinois-based company that makes several beverage products including coffee, juices and flavored nutritional drinks. According to a latest report by Nielsen, Kraft Heinz was one of the top food and beverage companies that posted solid sales growth in the four-week period ending Dec.12. Kraft reported a sales growth of over 10% in the period.

Of the 816 elite hedge funds tracked by Insider Monkey, 39 held stakes in Kraft Heinz as of the end of the September quarter. The total worth of these stakes is $10.1 billion. Among these hedge funds is Warren Buffett’s Berkshire Hathaway, which owns 325,634,818 shares of the company worth $9.75 billion. Aswath Damodarand was critical of Warren Buffett and KHC in this 2019 article.

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