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Friday, February 10, 2023 9:53:53 AM
Alcohol and Beer tend to be recession proof markets. In fact in recession sales usually go up as people drink at home where it is cheaper.
https://www.nasdaq.com/articles/cheers-2-top-alcohol-stocks-for-recession-resistant-dividend-growth
"Alcohol stocks are generally viewed as ideal investments during economic downturns like the one we are currently experiencing. This is due to alcohol consumption being largely uncorrelated with the state of the economy. In fact, during a recession, consumers are likely to increase alcohol consumption at home, while companies in the space retain fantastic pricing power during such periods. This makes alcohol companies particularly attractive during the current highly-inflationary environment as well."
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