The beverage industry has outpaced the broader US market +6.37% vs. -0.71% in April, this trend should continue according to a recent report from
"With interest rates expected to rise and inflation near a 40-year high, we view the investment case for soft drink equities as the strongest it has been in some time," CFRA writes, "As such, we view soft drink equities as good inflation hedges due to their ability to leverage brand value to successfully raise prices."
Golden Grail Beverages (OTCMKTS: GOGY) is one investment option beverage investors should start researching. The company offers consumers two distinct energy drink brands: Spider Energy and Scorpion HEMP Energy, a flavored water brand (
This month, GOGY announced its Master of Beverage(TM) initiative which "will allow the company to participate and maximize profit potential through joint ventures with disruptive, emerging, and established brands."
It has already announced its first JV since launching the initiative. Its first partner,
With GOGY's Master of Beverage(TM) initiative underway, more news catalysts could be on the horizon. At press time, Barchart.com ranks GOGY as a 'buy' with the strongest bullish indicator being the long-term '100-200 Day MACD Oscillator.'
Another company with big retail news,
Another niche brand,
"Looking ahead to the remainder of 2022, we have multiple catalysts in our roadmap to deliver on our financial outlook, including the launch of
Another health beverage play with earnings news,
Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. Capital Gains Report 'CGR' is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. CGR has been compensated
Media Contact
Company
Contact Person:
Email: mark@capitalgainsreport.com
City:
State:
Country:
Website: https://capitalgainsreport.com/
Source: www.abnewswire.com
.
(C) 2022 M2 COMMUNICATIONS, source