St. Patrick’s Day is upon us and investors feeling lucky might be looking to undervalued craft beer stocks to diversify their portfolios. Though global beer markets remain frothy, with sales falling 3% in recent years, craft beer sales are expanding and jumped 6% over the same period. This points to an important consumer trait: buyers want something unique and tailored to their individual preferences rather than sticking with old standbys. Of course, “vice” companies tend to be cyclical and subj
Kirin Holdings Co. (KNBWY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
A Japanese whisky "renaissance" will help Kirin Holdings more than double exports of its premium brand by 2025, the company's master blender said. Japan had fewer than 10 distilleries for most of its whisky history, which hit the century mark last year. "I really believe that we are in the midst of a Japanese whisky renaissance," said Jota Tanaka, who leads Kirin's whisky business.