5 Best Whiskey and Alcohol Stocks to Buy in 2021

Page 5 of 5

1. Diageo plc (NYSE: DEO)

Number of Hedge Fund Holders: 23    

Diageo plc (NYSE: DEO) is a London-based alcohol-maker founded in 1997. It is ranked first on our list of 10 best whiskey and alcohol stocks to buy in 2021. The company has operations in more than 180 countries and is one of the largest distilleries in the world with a market cap over $107 billion. Diageo stock has returned more than 31% to investors in the past year. Some of the famous brands owned by the firm include Johnnie Walker, Smirnoff, Baileys, Captain Morgan, Tanqueray, and Guinness, among others. 

Diageo plc (NYSE: DEO) reported earnings for the fourth quarter of 2020 in January this year, posting a revenue of  £6.87 billion, down 4.6% compared to the same period last year but beating market predictions by £40 million.

Out of the hedge funds being tracked by Insider Monkey, Virginia-based investment firm Markel Gayner Asset Management is a leading shareholder in the firm with 1.3 million shares worth more than $214 million.

You can also take a peek at 10 Best Travel Stocks to Buy Right Now, and 10 Best Automotive Stocks to Invest in Now.

Page 5 of 5