It may be hard to believe but cars can now run on whiskey, in addition to gasoline and diesel, according to a BBC article. Actually, it is whiskey residue from the whiskey making process called biobutanol. And the best feature is that the automobile engine doesn’t have to be modified.
But it is not just cars consuming liquor; humans seem to do a bit of consuming themselves. Last year, the sale of alcohol was $25.2 billion in the US, a 4.5% increase over the previous year, and the seventh yearly increase in a row.
Relax and Lose Weight
With money flowing into the coffers of liquor producers, some investors are taking a close look at companies in the alcohol industry. Studies have shown that liquor may help you lose weight, will help relax you (obviously), and might even cure blindness. Investors who believe that booze stocks can benefit from these alcohol health benefits, have several choices to choose from.
Brown-Forman Corporation (BF-B) is a liquor distributor which is famous for its Jack Daniel’s and Southern Comfort brands. The stock has a price-to-earnings ratio of 28, a forward P/E of 26, and provides a fair yield of 1.48%.
Diageo (DEO) is a London based alcoholic beverage distributor that markets numerous brands of whiskey, including Johnnie Walker Scotch whiskey, Crown Royal Canadian whiskey, JeB Scotch whisky, Buchanan’s Scotch whiskey, Windsor Premier Scotch whiskey, and Bushmills Irish whiskey. It also sells vodka, rum, and wine. The stock trades at 24 times trailing earnings, and 20 times forward earnings. It sports a higher-than-industry-average yield of 2.5%.
How to Invest in Donald Trump
Did you know that you can invest in a stock that developed and distributes Trump Super Premium Vodka? The company is Drinks Americas (DKAM), a Connecticut based company that trades Over the Counter on the Pink Sheets, and last traded for one hundredth of a cent. The vodka received four out of five stars by Spirit Journal. Unfortunately for potential tasters, the beverage is no longer sold in the US.
For a free list of stocks in the liquor and wine industry, click on the following link:
Disclosure: Author did not own any of the above stocks at the time the article was written.
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