Top Beer Stocks to Buy in 2017

If there’s any one product that stands the test of time and keeps consumers coming back for more, it’s beer. But like your favorite brews, not all beer stocks are the same. So to help get you started, here are three top beer stocks I think investors would be wise to buy in 2017.

Boston Beer Seasonal

Image source: The Motley Fool.

1. Boston Beer Co.

Best known for its flagship Samuel Adams varieties — but also the proud owner of Angry Orchard, Twisted Tea, Coney Island Brewing, Traveler, and most recently the Truly Spiked & Sparkling brands — Boston Beer Co. (NYSE:SAM) enjoys a tantalizing runway for growth with less than 2% of the U.S. beer market as of last quarter.

But that’s not to say taking that market share will be easy. In fact, Boston Beer has lost market share in each of its past four quarters as competition grows, with larger brewers muscling their way into the craft beer market while smaller brewers have boosted their own regional distribution. Add to that decelerating growth in recent months for the overall craft beer market, and it’s no surprise Boston Beer stock fell 15.9% last year, and sits more than 22% below its 52-week high set last April.

Boston Beer is tackling the the challenge head on, first with a comprehensive review of its brand strategies to ensure its investments will build shareholder value over the long term, and second by executing on new cost-saving projects throughout the company to maximize profitability in the meantime.

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