Home » alcohol sin stocks » What Are Alcohol Sin Stocks?

Sin StocksAlcohol sin stocks are those companies associated with the production, marketing, distribution, and sale of alcoholic beverages.

Mmmmm sweet, sweet booze.

Alcohol Sin Stock

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Alcohol has long been an acceptable drink. Fermented beverages date back thousands of years and, in some locales, unsafe drinking water basically required an alcoholic substitute. Even as far back as a few hundred years ago, it would have been completely acceptable for even a child to consume wine or beer with a meal. (Disclosure: I am not endorsing that at all, although my father has a hilarious story about when he was a child and was given a wine cork to suck on when a relative couldn’t find the soother. Since my father is now nearing retirement, I’m pretty sure the statute of limitations will keep the Family Services from breaking down my grandparent’s door!)

Back to booze…

Things have changed: Safe drinking water is in abundance in many parts of the world (and there are some organizations doing some really cool things to get safe drinking water to places that don’t have it). And, there are non-alcoholic beverage alternatives widely available as well, even in places where safe drinking water isn’t always available. Another impact on the alcohol industry was the temperance movement, which gained popularity in the 1800’s and early 1900’s. The temperance movement successfully changed public attitudes toward alcohol, ultimately culminating in Prohibition. (Although the rise of bootleggers and speakeasies during Prohibition suggest that attitudes only changed outwardly, not inwardly). Today, this highly regulated industry can only sell to people over a certain age. And since I’m from Canada, I’m fortunate to have hit the bottle at 19 instead of 21 like my peers in the US.

Whether or not it deserves a place on the list of sin stocks, alcohol has become a sin stock.

So what types of companies might you find on a list of alcohol sin stocks? Here’s what we think should be on the list of publicly traded companies in the booze business:

  • Distilleries
  • Breweries
  • Vineyards and wineries
  • Brand owners and licensors
  • Marketers
  • Distributors
  • Licensed establishments (bars, taverns, pubs)
  • Organizations and events that promote the consumption of alcoho

So raise a glass to alcohol sin stocks!

DISCLAIMER

Nothing on this site is a recommendation because, hey, I can't read your mind and I don't know what you have in your portfolio, and I'm not a licensed financial advisor. So never EVER trade without doing your due diligence. If you want more information about this fascinating topic, please check out the Sin Stocks Disclaimer page which basically says the same thing but more emphatically.