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However, as restaurants and bars continue to reopen, with several restrictions to limit the spread of the deadly COVID-19 virus, the demand for beer is going up this year. And, according to a Business Wire report, the global beer market is expected to reach $710.89 billion by 2025.
So, we think it could be wise to add beer stocks Anheuser-Busch InBev SA/NV (BUD), Molson Coors Beverage Company (TAP), and The Boston Beer Company, Inc. (SAM) to one’s watchlist. Wall Street analysts expect these stocks to rally by 20% or more in the near term.
