5 Best Wine Stocks to Invest In 2022

In this piece, we’ll take a look at the five best wine stocks to invest in 2022. For more stocks and industry background, take a look at 10 Best Wine Stocks to Invest In 2022.

5. Compañía Cervecerías Unidas S.A. (NYSE:CCU)

Number of Hedge Fund Holders: 9

Compañía Cervecerías Unidas S.A. (NYSE:CCU) is a Chilean beverage company that sells both beverages and wine. The firm was set up in 1850 and is based in Santiago, Chile. It also has a partnership with Pernod Ricard to sell the company’s products in non-supermarket stores.

Compañía Cervecerías Unidas S.A. (NYSE:CCU) is Chile’s largest beer company, as it controls 60% of the market as of the second quarter of this year. The firm’s shares also appear to be undervalued, as its P/E ratio of 10x is at historic lows while its earnings continue to be at the median level. This implies that while Compañía Cervecerías Unidas S.A. (NYSE:CCU) is delivering on the earnings front, the market valuation of its shares is driven by exogenous factors such as weak sentiment on the Chilean economy.

Insider Monkey studied 895 hedge fund portfolios during the second quarter of this year and discovered that nine had bought Compañía Cervecerías Unidas S.A. (NYSE:CCU)’s shares.

Out of these, Compañía Cervecerías Unidas S.A. (NYSE:CCU)’s largest investor is Jean-Marie Eveillard’s First Eagle Investment Management which owns 14 million shares that are worth $182 million.