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Benzinga
Benzinga
Business
Aditi Ganguly

These Investment Wines Have Outperformed Apple, Ford And Tesla Over The Past Year

As the market volatility extends well into the second half of 2022, alternative investments are increasingly gaining traction against conventional equities and debt instruments. As concerns regarding a global economic slowdown become rampant, equities have demonstrated subpar performance so far this year, with the benchmark S&P 500 and Nasdaq Composite indexes currently in the red, in terms of year-to-date performance.

Comparatively, wine investments have paid off over the past year. With robust global demand for fine wine and a rising number of billionaires, some of the best-known fine wines have outperformed shares of industry-leading companies including Ford Motor Co. (NYSE:F), tech-giant Apple Inc. (NASDAQ:AAPL) and EV-pioneer Tesla Inc. (NASDAQ:TSLA) over the past year.

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