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Cheers to Summer: The Top 8 Cocktails Dominating August
You’ll want to make these refreshing drinks before summer ends.
Food & Wine / Photo by Christopher Testani / Food Styling by Emily Nabors Hall / Prop styling by Christina Daley
Even though August is the beginning of the end of summer, we’re still reaching for refreshing spritzes and frozen cocktails to beat the heat. Whether you’re hosting a backyard barbecue and want to make a Dirty Martini Spritz to bring Martini lovers into the fold, or simply want to take it easy with a three-ingredient Ginger-Lemon Tonic, these are the month’s most popular cocktail recipes to end the season in style.
Photographer: Jen Causey, Food Stylist: Emily Nabors Hall, Prop Stylist: Claire Spollen
The so-called spritz of the summer, the Hugo Spritz was first made by bartender Roland Gruber in the Northern Italian town of Naturno, near the Austrian border.
The extra bubbles from the combined Prosecco and sparkling water enhance the floral aspects of this spritz.
Legend has it that this simple drink was named after elderly Italian gentlemen who found themselves swerving on their bicycles to get home after enjoying one too many drinks.
Not sure what wine to use? We suggest trying a dry Italian Pinot Grigio or Sauvignon Blanc.
This combination of spicy ginger and tart lemon was inspired by a drink F&W Assistant Editor Lucy Simon’s grandmother would make to soothe an upset stomach or sore throat.
Complex and refreshing, this three-ingredient tart and fizzy drink is a satisfying nonalcoholic alternative to a Gin & Tonic.
With the invigorating essence of shiso leaves, this vibrant dark purple spritz is an excellent option for utilizing excess red wine.
Adding red wine vinegar introduces a desirable boost of acidity to the concoction. Optionally, you may replace it with red verjus for a more fruit-forward taste.
One of Cuba’s greatest gifts to the cocktail world, the Hemingway Daiquiri boasts a rich backstory. Developed in the 1930s at the famed El Floridita, it is said to have been either a preferred choice of the legendary author Ernest Hemingway or crafted in his tribute.
In contrast to a typical Daiquiri that uses cane sugar or simple syrup, the Hemingway Daiquiri primarily uses maraschino liqueur for sweetness.
For crafting this classic cocktail, opt for a light-bodied, dry style of Port, which is a fortified wine originating from the white grapes of Portugal’s Douro Valley.
Low in alcohol but full of flavor, the White Port and Tonic is a great example of a highball, which combines an alcoholic base with a carbonated mixer to extend the drink.
Food & Wine / Photo by Christopher Testani / Food Styling by Emily Nabors Hall / Prop styling by Christina Daley
You’ve probably had a Dirty Martini, but when was the last time you tried a Dirty Martini Spritz? Playful and briny, this cocktail is an enjoyable way for Martini and spritz enthusiasts to find common ground.
Prefer a sweeter cocktail? Simply replace dry vermouth with Italian vermouth bianco (also known as vermouth blanc).
Simple rosé syrup is all you’ll need to transform your French 75 from classic to beach-ready.
If you have leftover syrup, try drizzling it over ice cream or cakes, or mix it with club soda for a low-ABV highball.
Napa Valley Winery Unveils Extraordinary Wine Collection Inspired by Owner’s Japanese Heritage
Yamabuki, 2023 Oak Knoll District, Napa Valley Albariño, 14.2%, $38, 4.5 stars. A fresh and vibrant Albariño featuring a blend of citrus and tropical flavors. Highlights include pineapple, orange zest, and mineral elements. Remarkable.
Chappellet, 2023 Signature, Napa Valley Chenin Blanc, 14.1%, $75, 4 stars. This Chenin Blanc presents layers of Meyer lemon, quince, and nectarine. It maintains a balanced profile with a crisp finish. Charming.
Cormorant, 2023 Fenaughty Vineyard, El Dorado County Vermentino, 12.4%, $28, 4 stars. This Vermentino offers delightful aromas of white peach, lime, and grapefruit. Ends with a crisp finish. Attractive.
Longboard Vineyards, 2023 Elieo Vineyard, Russian River Valley Albarino, 13.1%, $36, 4 stars. This Albariño is bursting with lively citrus, stone fruit, and mineral notes, supported by a crisp acidity, making it exceptionally well-made.
The esteemed Shozaburo Dogura, a pioneering entrepreneur and initially among Japan’s conservationists, would undoubtedly appreciate the dedication shown by his great granddaughter, Miki Cunat, through her role in developing a collection of wines at Napa’s Materra Cunat Family Vineyards honoring his legacy.
One highlight from this collection is the Albariño titled Yamabuki, 2023 Oak Knoll District, Napa Valley, priced at $38. This Wine of the Week recipient, crafted by Director of Winemaking Chelsea Barrett, showcases a vibrant and refreshing profile with flavors of pineapple, orange zest, and mineral undertones.
The name Yamabuki originates from a bright yellow flower in the rose family that blossoms from April to May in Japan. In Hanakotoba, the Japanese language of flowers, Yamabuki symbolizes “elegance” and “luck with money,” aptly reflecting Dogura’s prosperous life.
Besides his environmental initiatives, Dogura contributed significantly to infrastructure development including road construction in Japan and railroad projects in Taiwan. He also supported several newspapers and played a role in founding significant educational institutions such as Nihon Joshi Daigaku, Japan’s inaugural women’s university, and Doshisha University.
Albariño, a white grape from Galicia in northwest Spain, is seldom found in California vineyards.
“Albariño is quite unique for our area, providing an exotic flavor for many patrons,” said Barrett. “It’s a wonderful wine that pairs splendidly with various dishes, including seafood, dishes with tomato bases, and notably, paella.”
In 2020, the Napa winery started cultivating Albariño vines, with the first batch of these vines being bottled in 2023.
“Cultivating young vines requires attention to develop strong roots and canopy systems,” Barrett noted. “We have excellent conditions on our land and 2023 has been a particularly favorable year for growth.”
Barrett, originally from Calistoga, completed her viticulture and enology studies at UC Davis in 2010. Following her graduation, she worked at Opus One in Oakville and then at Joel Gott Wines, in Napa and St. Helena. She later joined forces with Heidi Barrett, her mother, on various labels including Amuse Bouche, Au Sommet, and Aviatrix in Calistoga, before managing winemaking operations at Materra starting in 2019.
Materra, established by Brian and Miki Cunat in 2007, produces under 10,000 cases of wine annually. The vineyard’s production includes varieties such as Albariño, Chardonnay, Sauvignon Blanc, Cabernet Sauvignon, Petite Sirah, and Syrah.
In June, a newly constructed 10,000-square-foot tasting and event facility was unveiled at the winery. The venue, designed with both indoor and outdoor tasting areas, boasts 25-foot high ceilings, dormer windows, and a covered patio.
The grand gallery room regularly updates its exhibits, showcasing a collection of the Cunat family’s valued possessions ranging from Japanese artifacts to classic automobiles. The facility also features a private event space and a catering kitchen.
The vision is to have a full-time chef, who will pair traditional Japanese dishes with the winery’s Japanese series of wines.
“We’re extremely excited to welcome guests for a sneak peek of our newly opened tasting room,” said Barrett, adding that the Yamabuki Albariño is one of the most intriguing in the lineup.
“It’s wonderful, because our property is very conducive to growing phenomenal Albariño,” she said.
You can reach wine writer Peg Melnik at 707-521-5310 or peg.melnik@pressdemocrat.com. On X (Twitter) @pegmelnik.
Yamabuki, 2023 Oak Knoll District, Napa Valley Albariño, 14.2%, $38, 4.5 stars. Delicately flavored with a blend of citrus and tropical fruits, this Albariño showcases hints of pineapple, orange zest, and mineral elements in a fresh and appealing style.
Chappellet, 2023 Signature, Napa Valley Chenin Blanc, 14.1%, $75, 4 stars. Featuring aromatic layers of Meyer lemon, quince, and nectarine, this Chenin Blanc offers a balanced and crisp finish, exuding charm with every sip.
Cormorant, 2023 Fenaughty Vineyard, El Dorado County Vermentino, 12.4%, $28, 4 stars. This Vermentino presents delightful aromas of white peach, lime, and grapefruit, culminating in a crisp finish that enhances its elegance.
Longboard Vineyards, 2023 Elieo Vineyard, Russian River Valley Albarino, 13.1%, $36, 4 stars. Exhibiting a vibrant mix of citrus, stone fruit, and mineral notes, this Albariño is crafted expertly with a zesty acidity, making it exceptionally refined.
Man Admits to Sexual Abuse and Serving Alcohol to a Teen on Flight from Charlotte
A man pleaded guilty to giving rum to a 14-year-old girl, who was sitting next to him on a flight before sexually abusing her on an American Airlines flight from Charlotte to San Diego, according to the U.S. Attorney’s Office, Southern District of California.
Family sues American Airlines after daughter finds camera in plane bathroom
Ryan Coffey, 33, of San Diego, pleaded guilty Monday to the charges that happened on Jan. 7, 2023. He was 31 at the time.
He admitted to giving the girl rum and touching her inner thigh and breasts. They didn’t know each other.
Coffey was indicted on March 15 for sexual abuse of a minor and abusive sexual contact stemming from his actions during a flight.
“Due to the bravery of a young girl who spoke out about her experience in the darkness of an airplane, and the prompt action of law enforcement, this individual was brought to justice,” stated U.S. Attorney Tara McGrath in a press release. “The U.S. Attorney’s Office is dedicated to ensuring safety whether in the air, on land, or at sea.”
He could be sentenced to up to two years in prison.
Rum Bunter’s Top 10 Pittsburgh Pirates Prospects: Spotlight on Konnor Griffin’s Debut Rank
The Pittsburgh Pirates have been enhancing their farm system over recent years, evident in the graduation of many top prospects. This year, standouts like Paul Skenes, Jared Jones, Quinn Priester, Nick Gonzales, and Kyle Nicolas have moved from promising prospects to integral members of the MLB team roster.
Following the conclusion of the deadline and draft, the complexion of the system has significantly shifted. This ushered in an opportune moment for our editorial team to reassess and rank the Pirates’ top 10 prospects in light of various new entries.
Before delving into the list, it’s noteworthy to mention a few individuals who nearly made the mark.
Mike Burrows, the longest-serving prospect up for discussion, was selected in the 11th round of the 2018 draft. His progress accelerated markedly in 2021 and 2022. A setback occurred in April 2023 when he required Tommy John surgery, putting his promising trajectory on pause. Post-recovery, Burrows is returning to form, primarily pitching between 93-96 MPH. He boasts a high-spin fastball and curveball, complemented by an increasingly effective slider and changeup.
The Pirates selected Jack Brannigan in the fourth round of the 2022 draft as a two-way player, but he has since focused solely on fielding. In 2024, he primarily played shortstop, though he was originally drafted as a third baseman and has also played some games at second base. Brannigan is an above-average runner and is anticipated to excel defensively across the infield due to his strong arm, which allowed him to throw fastballs in the upper-90s in college. While currently his batting needs improvement, he holds the potential to become a 20/20 player in the future.
Yordany De Los Santos, a standout international recruit by the Pirates in the 2021-2022 offseason, has proved his mettle in the Florida Complex League at just 19 years old and has recently moved up to A-Ball with Bradenton. De Los Santos is expected to develop above-average power at the plate and is versatile enough to handle positions at shortstop, second base, or third base. Standing at 6’2″ and weighing 170 pounds, his current speed is average, suggesting he might transition to a corner position as he further develops.
The Remarkable Rebirth of Chicken Cock Whiskey: How It Reclaimed Its Premium Status
Chicken Cock Whiskey master distiller Gregg Snyder supervises the production of wash.
Founded in 1856 by James A. Miller in Paris, Kentucky, Chicken Cock Whiskey has endured numerous challenges, including ownership changes, a distillery fire, and prohibition. Despite these obstacles, the brand disappeared in the 1950s.
In 2011, the Chicken Cock Whiskey brand was revived by Grain & Barrel Spirits, which also manages brands like Dixie Vodka, High Goal Gin, and Eterno Verano Tequila. The brand made its comeback in 2012 with a line of flavored whiskeys. However, these initial offerings were distilled outside Kentucky and failed to mirror the historical quality or the brand’s authentic Kentucky roots.
46-year whiskey industry veteran Gregg Snyder then stepped in.
Restoring Chicken Cock Whiskey to its historical prominence entailed moving distillation back to Kentucky and overseeing every stage of production. Under Snyder’s supervision, the distillation occurs at Bardstown Bourbon Company according to his specific recipe. Snyder meticulously manages the brewing, fermentation, and distillation processes, paying close attention to various aspects including time, temperature, and the use of enzymes and yeast. “From barley to bourbon to barrel to bottle,” Snyder remarked in a video interview.
Snyder meticulously selects Appalachian oak logs for crafting the barrels that age Chicken Cock Whiskey. He believes Appalachian oak imparts a richer flavor due to its tight grain, resulting from the harsh, stony landscapes where the trees thrive. His preference extends to logs sourced from the northern slopes, which see less sunlight, promoting slower growth and denser wood structure.
Upon acquiring the brand, Grain & Barrel discovered that the original recipes were lost. As a result, Snyder devised a high-rye bourbon reflective of the historical period the brand represents. The primary grain configuration of this whiskey includes 70% corn, 21% rye, and 9% malted barley. Snyder’s control extends from selecting the wood for the barrels, made from air-dried staves, to overseeing the aging of the distilled spirits.
Snyder’s innovation is not limited to Chicken Cock’s main products like their Kentucky straight bourbon, Kentucky straight rye, small batch bourbon, and double-oak whiskey; he also introduces limited-edition varieties. “Today’s whiskey enthusiasts are eager for novel experiences,” explains Snyder. “However, we commit to producing only top-quality whiskey worth celebrating.”
Snyder mentioned that a renowned whiskey bar, which he chose not to identify, frequently presents Chicken Cock whiskey alongside other leading brands in blind tastings to its global clientele of whiskey enthusiasts. According to him, Chicken Cock is reportedly chosen as the superior whiskey by customers 80% of the time.
This might reflect a distiller’s pride in his product, yet Snyder believes, “this genuinely signifies the success we’ve achieved in restoring Chicken Cock to its former high-quality status.”
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Tito’s Vodka to Double Impact with 100% Match Donation to Gastonia Nonprofit for Animal Hospital
GASTONIA, N.C. — A Gaston County nonprofit is collaborating with Tito’s Handmade Vodka to construct an animal hospital.
The Animal League of Gaston County, an organization dedicated to animal welfare, currently operates a low-cost spay/neuter clinic. They are launching a campaign to establish a full-service, affordable veterinary facility with Tito’s matching community donations dollar for dollar, up to $60,000, until the end of the year.
Animal shelter is overcapacity following Gaston County storm
The ALGC highlights that while the average cost for a vet visit in North Carolina is $66.67, their clinic offers a wellness visit for $30 and a sick visit for $35.
“We’re incredibly grateful for Tito’s contribution to our matching campaign,” expressed Terry Kenny, CEO of the Animal League of Gaston County. “Our goal is to assist as many animals as we can, and with this clinic, that will become a reality. The matching funds from Tito’s will provide a substantial help, and we trust that the community of Gaston County will step forward to contribute the remaining amount required.”
Tito’s branding includes the motto “Vodka for Dog People,” which is prominently displayed on its products.
The Animal League of Gaston County initially launched their spay/neuter clinic in 2009 on West Franklin Blvd. Since then, they have serviced over 83,000 animals. In 2020, they expanded their services to include veterinary care, although the demand in the community continues to surpass their current capabilities.
“The efforts by the Animal League of Gaston County in supporting pets within their community are commendable, and we’re thrilled to help bolster their matching campaign, thereby enhancing the effectiveness and reach of their initiatives,” stated Lindsey Bates, senior director of philanthropy at Tito’s.
ALGC is the only service of its kind in a three-county area, but there are no residency or income requirements.
Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Exploring the Napa Valley Wine Exchange: Unveiling the Character of Wine Through Its ‘3 Vs’
Harvest season in Napa County’s wine country began at Peju Winery in Rutherford on Tuesday morning.
Allen Balik
In real estate, the mantra is “location, location, location,” while in the diamond industry, the quality is gauged by the “4 Cs”—color, clarity, cut, and carat. Are there similar standards when it comes to evaluating wine?
During a recent wine tasting I led, the conversation turned to the question, “What essential factors determine the quality of a particular wine?” We briefly discussed various factors such as terroir (the grape vine’s comprehensive environment), the winemaking process, and marketing strategies. However, we couldn’t pinpoint a precise set of standards.
During a recent group conversation, I was reminded of an insight I had years ago in a similar setting. It struck me that the essence of a wine could be evaluated based on the “3 Vs” – variety, vineyard, and vintage.
How well does the wine reflect its grape type? Does it embody its geographic origins? Does it capture the essence of its year of production? This simple yet profound realization has guided my approach to understanding and judging the true essence and quality of wine ever since.
In a lively debate, although opinions varied, there was unanimous agreement about the crucial role of the 3 Vs and their hierarchical importance. Primarily, a wine’s varietal character should be pronounced, supported subsequently by its vineyard roots and the specifics of its vintage.
Each grape variety bears a distinctiveness that has been recognized and perpetuated through generations in the traditional craft of winemaking. The inherent character of a variety forms the cornerstone of the 3 Vs, whether it appears alone (such as in Cabernet Sauvignon and Merlot) or as a vital component of a masterfully blended wine (like those of Bordeaux and Southern Rhone).
Over recent decades, the adoption of an “international” style, heavily influenced by critics and the 100-point rating system, has led to the homogenization in the distinctiveness of various wines. Techniques in modern viticulture and winemaking have obscured the unique characteristics that differentiate one wine from another, making it challenging to distinguish between wines like Pinot Noir and Syrah or Cabernet and Merlot solely based on their varietal traits, which I consider crucial for assessing quality.
Terroir, which includes factors like soil type, drainage, exposure, temperature, and elevation, varies significantly across different vineyards and regions such as appellation or AVA. These elements impart a unique identity to wines originating from specific locales. Winegrowers who produce fine wines appreciate and accentuate the uniqueness of their respective vineyards in their wine production, highlighting the terroir’s role in shaping the wine’s character.
A wine such as Tempranillo from Spain’s Rioja should have noticeable differences when compared to one from California. Similarly, a refined high-altitude Malbec from Argentina should exhibit distinctions from a Malbec grown in the rustic terroirs of France’s Cahors region. Unfortunately, the prevalent international style often diminishes these nuances. Nonetheless, the inherent characteristics of a region remain essential in evaluating the quality and identity of wines.
Not all vintages are alike, with yearly variations often being the most pronounced among the factors affecting wine quality. Even within the same vineyard, under the same winemaker and using the same varietal, wines can vary dramatically from year to year. These differences have become more pronounced in recent years due to significant fluctuations in global weather patterns impacting temperature and rainfall.
Fortunately, even in less favorable vintages, some exceptional wines are produced. What might be a stand-out vintage in Napa might not showcase the same characteristics in Sonoma, the Central Coast, Europe, or the Southern Hemisphere. Vintage is an aspect we cannot control, and it often plays a decisive role in the quality of wine produced, encompassing the influence of variety and vineyard.
Understanding the vital importance of the three Vs – variety, vineyard, and vintage – has always been part of my evaluation of wine quality. Delving into these components has been both enlightening and rewarding, and it leads me to contemplate a potential fourth V – value, a topic I plan to explore later.
Stay updated with the stories you might have missed with the Napa Valley Wine Insider!
Explore one of the unique wine estates located in the city of Napa, and discover why vineyards are rare within the city’s limits.
Securing a winery use permit in Nape County is both costly and time-consuming.
With over fifty years of history in Napa, Monticello Vineyards, a family-operated winery, is now at a crossroads due to internal disputes about possibly selling the property.
On Friday morning, Napa Valley College staff and supporters initiated the groundbreaking ceremony for a new wine education facility, which is planned to be completed in two phases.
Vineyard proprietors on Atlas Peak have initiated a lawsuit claiming they are owed almost $120,000 for grapes that were not paid for.
William Cole Vineyards winery recently highlighted Napa County’s approach to code compliance issues.
In 2023, Napa County’s total agricultural value surpassed $1 billion.
The Napa County Planning Commission turned down the Vida Valiente winery proposal due to its location on a narrow road in a zone vulnerable to fires.
John Chaix obtained a county permit to establish a micro-winery in the Rutherford region.
This week, six Ukrainian wine producers are visiting Napa Valley to learn about regenerative viticulture and natural wine production techniques from some of the region’s top winemakers and agricultural experts.
Allen Balik, who lives in Napa, has over 40 years of experience as a wine collector, consultant, author, and enthusiast. He is also involved in fundraising. You can contact him via email at allenbalik@savorlifethroughwine.com.
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The harvest season in Napa County’s wine country started this Tuesday morning at Peju Winery in Rutherford.
Abandoned Building Brewery in Easthampton: A Haven for Beer Lovers Covering All Bases
Matt Tarlecki is the owner of the Abandoned Building Brewery in Easthampton.
You might think that Matt Tarlecki of Abandoned Building Brewing in Easthampton chose the name of his business because it’s housed in an old mill building.
But you’d be wrong.
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NYC Bars Turn Trash Into Treasure: Crafting Unique Cocktails from Compost Ingredients
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Spirited Away: Top 10 Stocks to Invest In as Beer Fizzles Out and Spirits Surge in Popularity
In this article, we explore the topic of beer losing its fizz as spirits rise in popularity: Top 10 stocks to invest in.
As we approach the end of 2024, the landscape of the alcoholic beverage industry is witnessing a shift. According to data from the Distilled Spirits Council (DSC), spirits have now overtaken beer as the preferred alcoholic drink. In 2023, spirits accounted for over 42% of the market share, showcasing a significant increase of 13 percentage points since 2000. This change coincides with a notable transformation in American attitudes towards alcohol. For example, a comprehensive survey by Gallup posed numerous questions to respondents about their drinking behaviors and how they perceive the role of alcohol in society.
Compared to a 2001 survey where 22% of respondents believed alcohol was beneficial for health, this number fell sharply to 10% in 2023, reaching a two-decade low. Similarly, aligning with DSC’s findings, the proportion of survey participants who predominantly drank beer dropped from 47% in 1992 to 37% in 2023. Meanwhile, the consumption rates for wine and liquor rose to 29% and 31% from previous percentages of 27% and 21%, respectively.
Additionally, 29% of individuals reported not consuming any alcohol in the previous week back in 1987, with this figure slightly increasing to 33% in 2023. Further studies highlight that although 72% of young adults aged 18 to 34 reported consuming alcohol within the last year between 2001 and 2023, this percentage decreased to 62% by 2024. This suggests that the trend towards reduced alcohol consumption is predominantly driven by younger demographics, while consumption rates for the age groups 35 to 54 and over 55 saw an increase.
While decreased alcohol consumption might seem concerning for the liquor industry due to potential declines in sales, the opposite effect might be true. Lower alcohol consumption can lead to improved health outcomes, which could sustain long-term business for these companies. Moreover, there is increasing popularity of spirits such as tequila or Mezcal among younger drinkers. Even though vodka sales remained flat in 2023 at $7.2 billion, tequila and mezcal experienced a 7.9% annual growth, reaching sales of $6.5 billion.
Another significant trend in the U.S. is the rising preference for convenience, evident from the growth in the premixed cocktails or ready-to-drink (RTD) alcohol sector. Although this category is smaller, with sales amounting to $2.8 billion, it saw a remarkable 26.8% growth in a year, signaling the only spirit category with a double-digit share gain.
The reduction in alcohol consumption may be attributed to increased health awareness, with 39% of the population in 2023 believing alcohol adversely affects health, up from 27% in 2001. Additionally, the rise of alternative recreational substances like cannabis and psychedelics could be contributing factors. As per findings from the Substance Abuse and Mental Health Services Administration (SAMHSA), revealed in their 2019 National Survey on Drug Use and Health, about 50.8% of people reported drinking alcohol in 2019, which slightly decreased to 48.7% by 2022. Remarkably, marijuana usage is on the rise, with 35.4% of the same demographic using it in 2019, up significantly from 29.8% in 2002. By 2022, the number of marijuana users escalated to 61.9 million. The Addiction Journal further emphasized this trend by reporting a 15-fold increase per capita in cannabis use from 1992 to 2022, based on SAMHSA’s data.
These insights make it evident that alcohol consumption has witnessed a slight decline from 2019 to 2022, while marijuana usage has seen significant growth in the same period.
Numerically, 17.7 million people reported using cannabis on a daily or near daily basis in 2022, which was three million higher than the 14.7 million for alcohol use. Similarly, the intensity of cannabis use was higher as the median cannabis user reported using 15 to 16 days in the past month while the median drinker drank for 5 to 6 days.
To sum it up, right now, alcohol use is dropping, younger drinkers prefer sweeter drinks and spirits over vodka and beer, and the rate and scale of cannabis use are increasing. With these details in mind, let’s look at the top ten alcoholic beverage stocks to buy.
Photo by John Fornander on Unsplash
Our Methodology
To compile our top ten list of alcohol-related stocks to invest in, we analyzed the 40 most valuable alcoholic beverage companies listed on the NYSE and NASDAQ. We ranked them based on the quantity of hedge funds that acquired their stocks in Q1 2024. The companies with the highest participation from hedge fund investors were selected.
We focus on stocks popular among hedge funds because our research indicates that mimicking the investment choices of leading hedge funds can outperform the market. By selecting 14 small-cap and large-cap stocks each quarter, our strategy, outlined in our quarterly newsletter, has realized a return of 275% since May 2014, which is 150 percentage points above our benchmark (see more details here).
Number of Hedge Fund Investors in Q1 2024: 7
SNDL Inc. (NASDAQ:SNDL), a Canadian company that operates branded liquor stores and a cannabis business, tailors its offerings to current consumer preferences, such as a growing penchant for spirits over beer. The company’s involvement in the cannabis industry, offering products like vapes and flowers, positions it to benefit from potential shifts in consumer habits towards cannabis. However, SNDL Inc.’s financial vulnerability, underscored by a lack of profitability over the previous four years and a relatively modest asset base (total assets of C$1.4 billion and cash of $201 million), could pose challenges, especially if new health regulations impact its cannabis-related products.
SNDL Inc. (NASDAQ:SNDL) discussed the performance of its liquor retail sector during the Q2 2024 earnings call, as detailed in the transcript found here. The report highlighted:
“For Q2 2024, net revenue for the liquor segment was $114.6 million, marking a decrease of $11 million or 7% from the previous year. A significant portion of this decline occurred during March to April and is largely attributed to broader market slowdown reported across North America. Management believes these issues are temporary, tied to fluctuating consumption patterns rather than long-term industry troubles. Despite these challenges, our gross margin has grown to 25.4%, up by 210 basis points from last year, contributed by a 10% increase in our private label’s profitability, enhanced procurement processes, and leveraged data sales. This improvement has facilitated a slight increase in both gross profit and operating income from the liquor segment compared to Q2 2023.”
Number of Hedge Fund Investors in Q1 2024: 14
Ambev S.A. (NYSE:ABEV), a major global brewer, holds significant market share and brand recognition with products like Corona and Budweiser. Being well-established, the company faces less growth pressure compared to newer companies. However, with the increasing popularity of spirits over beer, there is a possibility that Ambev may experience a decline in beer volumes. The brands best known within the company are beers, and there could be advantages in markets like Argentina and Brazil where Corona is very popular. Like its peers in the alcohol industry, Ambev’s stock performance is influenced by inflation rates, with lower inflation typically boosting volume sales.
During its Q2 2024 earnings call, Ambev’s management shared their optimism about the strength of their brands. They highlighted:
“Corona in the super premium category continues to exhibit the highest brand health to market share ratio in the market, aligning with values of balance, enjoyment of life, travel, and relaxation. It features unique packaging and a refreshing beverage crafted from 100% natural ingredients. Spaten holds a strong position in the premium segment, recognized by beer specialists as Brazil’s best pure malt beer, which reinforces its status as a beer authority in Brazil. As for Budweiser, known as a more aspirational core-plus brand, it gains international visibility through prominent events like the World Cup and global music festivals such as Lollapalooza and Tomorrowland, showcasing its appeal to the youth.”
NYSE:TAPNYSE:STZNYSE:SAMNYSE:DEONYSE:BUDNYSE:ABEVNYSE:BF.ANYSE:NAPANASDAQ:MGPINASDAQ:SNDLDaily NewsletterDiageo Plc (NYSE:DEO)Ambev S.A. (NYSE:ABEV)SNDL Inc. (NASDAQ:SNDL)Mgp Ingredients Inc (NASDAQ:MGPI)Constellation Brands Inc. (NYSE:STZ)Brown-Forman Corporation (NYSE:BF-A)Anheuser-Busch InBev SA/NV (NYSE:BUD)The Boston Beer Company Inc. (NYSE:SAM)The Duckhorn Portfolio Inc. (NYSE:NAPA)Molson Coors Beverage Company (NYSE:TAP)Beer Loses Fizz as Spirits Gain Popularity: Top 10 Stocks to Buy
Returns since its inception in May 2014 (through May 20, 2024)
Warren Buffett
Berkshire Hathaway
$293,447,417,000
David Einhorn
Greenlight Capital
$1,491,303,000
George Soros
Soros Fund Management
$5,416,602,000
Jim Simons
Renaissance Technologies
$77,426,184,000
Leon Cooperman
Omega Advisors
$1,886,381,000
Carl Icahn
Icahn Capital LP
$22,521,664,000
Steve Cohen
Point72 Asset Management
$22,767,998,000
John Paulson
Paulson & Co
$3,510,256,000
David Tepper
Appaloosa Management LP
$4,198,712,000
Paul Tudor Jones
Tudor Investment Corp
$6,160,740,000
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
The murmurs are now becoming loud cries.
Artificial intelligence has transcended beyond just being a part of science fiction.
It is now a transformative revolution impacting every sector worldwide.
With innovations ranging from autonomous vehicles to significant medical advancements, AI is at the brink of worldwide expansion, offering substantial benefits to discerning investors.
Here’s why this is the prime moment to jump on the AI bandwagon:
Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.
Imagine every sector, from healthcare to finance, infused with superhuman intelligence.
We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.
This is certain, not a possibility.
Those who invest early will be well-placed to capitalize on this massive technological wave.
Initial Opportunity: Recall the dawn of the internet?
Individuals who recognized the opportunities with major tech firms early on are reaping the benefits today.
AI is at a similar inflection point.
We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.
This is your chance to get in before the rockets take off!
Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.
AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.
The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.
As an investor, you want to be on the side of the winners, and AI is the winning ticket.
The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.
From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.
This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.
By investing in AI, you’re essentially backing the future.
The future is powered by artificial intelligence, and the time to invest is NOW.
Don’t just watch the technological evolution unfold.
Join the AI revolution and see your investments rise with the leading thinkers of our era.
This is more than just financial gains – it’s about engaging with what’s coming next.
Prepare yourself for an exhilarating investment journey!
Act Immediately to Secure Up to 10,000% Return: Discover the Hidden Gem in AI Stocks (With Our Expert Guidance!)
The era of artificial intelligence has arrived, promising significant wealth for astute investors.
However, the plethora of options can be overwhelming. How do you identify that rare find – a startup set to skyrocket?
This is where our specialized knowledge plays a crucial role.
We have uncovered the solution, yet there’s an interesting catch…
Envision a company specializing in AI that is so innovative and ahead of its time, that even a fourfold increase in its stock value today would still make it seem extraordinarily undervalued.
The opportunity before you is not just significant—it’s monumental, suggesting a possible 10,000% increase in value over the coming ten years!
Our analysts have pinpointed an obscure AI enterprise equipped with revolutionary technology and tremendous growth potential, currently priced at what can only be described as a bargain.
This organization possesses unparalleled technology in artificial intelligence, positioning them well ahead of their industry rivals.
It’s akin to racing a Formula One car against go-karts.
They stand a significant chance of monopolizing entire industries, securing their position as the dominant force.
Here’s the intriguing part (and it’s beneficial): To discover this hidden behemoth, you require our privileged information.
We are excited to offer our readers an incredible deal not to be overlooked!
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I am employed by one of the top independent financial publishers globally, supporting over a million individuals across 148 nations.
Today’s broadcast, independently funded, aims to tackle a question prevalent among all American investors currently…
Should I invest in Artificial Intelligence?
Joining us to address this query and to share his number one free AI investment tip is the veteran Wall Street icon, Marc Chaikin.
Marc’s career spans roles as a trader, stockbroker, and analyst. He formerly led the options department at a prominent brokerage firm and is a recognized authority frequently featured on CNBC, Fox Business, Barron’s, and Yahoo! Finance.
He is best known, however, for creating a celebrated stock-rating system that predicts whether a stock is likely to significantly rise or fall within the next three to six months.
This system is so respected that it’s integrated into every Bloomberg and Reuters terminal worldwide…
Hundreds of financial institutions including banks, hedge funds, and brokerage firms rely on this system daily to monitor the immense capital movements within the stock markets.
He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.