5 Stocks in Focus as Alcohol Industry Faces Inflation Wrath

Based on the forward 12-month price-to-earnings (P/E) ratio, commonly used for valuing Consumer Staples stocks, the industry is currently trading at 16.87X compared with the S&P 500's 21.16X and the sector's 17.53X. None of the stocks in the Zacks Beverages – Alcohol space currently sports a Zacks Rank #1 (Strong Buy) and a Zacks Rank #2 (Buy). However, we have selected five stocks with a Zacks Rank #3 (Hold) to watch from the same industry. You can see the complete list of today's Zacks #1 Rank stocks here ...