The beverage industry looks well-positioned for solid growth as evolving consumer preferences are influencing beverage makers to expand into ready-to-drink and healthier beverages, and also non-alcoholic drinks. Moreover, the integration of advanced technologies and the use of smart marketing tactics to boost sales is benefitting the industry.
Considering these factors, investors could consider buying fundamentally strong beverage stocks: Molson Coors Beverage Company (TAP), Carlsberg A/S (CABGY), and Ambev S.A. (ABEV).
