6 beverage stocks to watch

The best beverage stocks depend on your portfolio and investment goals—while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

6 popular beverage stocks to watch

We round up a selection of stocks in or related to the drink industry, weighting the list more heavily towards popular mid- and large-cap stocks.

1. Monster Beverage (MNST)
2. PepsiCo (PEP)
3. Keurig Dr Pepper (KDP)
4. Brown-Forman Corporation (BF-B)
5. Constellation Brands Inc Class A (STZ)
6. Diageo PLC ADR (DEO)

Compare investment accounts that help you research stocks

The beverage stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering beverage stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

How to invest in beverage stocks

1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps in Canada.
2. Sign up for an account. Provide your personal information and sign up.
3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like MNST or PEP.
5. Place your order. Buy the stock. It's that simple.

Learn more about popular beverage stocks

We round up a selection of stocks in or related to the drink industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

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1. Monster Beverage (MNST)

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through four segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other. It offers carbonated non-carbonated energy drinks, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages.

• Previous close price: $55.09
• Market capitalization: $53,611,327,488
• 1 year performance: -9.47%
• P/E ratio: 36.9732

Buy MNST stock on Interactive Brokers

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2. PepsiCo (PEP)

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.

• Previous close price: $148.59
• Market capitalization: $203,448,303,616
• 1 year performance: -10.11%
• P/E ratio: 21.3439

Buy PEP stock on Interactive Brokers

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3. Keurig Dr Pepper (KDP)

Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.

• Previous close price: $33.59
• Market capitalization: $45,573,230,592
• 1 year performance: 16.23%
• P/E ratio: 31.9905

Buy KDP stock on Interactive Brokers

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4. Brown-Forman Corporation (BF-B)

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink cocktails, ready-to-pour products, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Coopers' Craft, Gentleman Jack, Herradura, el Jimador, Korbel, Sonoma-Cutrer, Finlandia, Chambord, Gin Mare, Diplomático, Fords Gin, The Glendronach, Benriach, Glenglassaugh, and Slane brands.

• Previous close price: $34.79
• Market capitalization: $16,390,021,120
• 1 year performance: -35.95%
• P/E ratio: 16.6459

Buy BF-B stock on Interactive Brokers

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5. Constellation Brands Inc Class A (STZ)

Constellation Brands, Inc. , together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.

• Previous close price: $181.33
• Market capitalization: $32,776,484,864
• 1 year performance: -31.24%
• P/E ratio: 48.2261

Buy STZ stock on Interactive Brokers

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6. Diageo PLC ADR (DEO)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.

• Previous close price: $107.65
• Market capitalization: $59,988,611,072
• 1 year performance: -28.42%
• P/E ratio: 16.6899

Buy DEO stock on Interactive Brokers

Buy beverage stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

Related: Compare the best stock trading platforms in Canada

Bottom line

While it's possible to turn a profit investing in beverage stocks, keep in mind that—like any investment—beverage stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the drink industry, so carefully vet your picks before you invest. If you're new to investing or if it's been a while since you've taken a critical look at your investment accounts, compare brokers to make sure you're getting the best trading features for your needs.

Related: How to buy stocks in Canada

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.