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Rashmi Kumari

3 Beverage Stocks Poised for 2024 Growth

FMX CocaCola CocaCola HBC SAB de CV

The beverage industry is expected to thrive due to inelastic demand, changing consumer preferences, technological advancements, and effective marketing strategies, all of which are expected to drive future growth.

Given the industry’s growth prospects, fundamentally strong beverage stocks Fomento Económico Mexicano, S.A.B. de C.V. (FMX), Kirin Holdings Company, Limited (KNBWY) and Coca-Cola HBC (CCHGY) might be worth buying.

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