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Five booze stocks to sip during the recovery


Five booze stocks to sip during the recovery
Alcohol-related stocks are rallying as investors bet on easing global COVID-19 restrictions, takeovers and a resumption of the craft-beer boom.
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They include producers, ingredient suppliers, pub owners and operators, and online retailers.
But investment risks are growing as stock valuations lift and trade tensions between China and Australia escalate. Higher agricultural costs and our rising currency are other threats.
Penfolds owner Treasury Wine Estates has rallied on takeover rumours.  
Photo: Reuters
Sector leader
Treasury Wine Estates (TWE) jumped 6.5 per cent on Monday amid takeover rumours and speculation on commercial buyers for its lower-end wine brands. Shares rose another 1 per cent to reach $11.08 by 12pm (AEDT) in Tuesday’s trade. ....

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Jarden Brief: Vista CEO increases stake in company stock


Jarden Brief: Vista CEO increases stake in company stock
8 Mar, 2021 08:22 PM
7 minutes to read
Optimism is slowly returning to the cinema sector. Photo / Getty Images
NZ Herald
Jarden
New Zealand
The NZX 50 fell 0.8 per cent yesterday.
The energy sector was the top performer
up 2.6 per cent. Consumer cyclicals and consumer-non cyclicals were the two next best performers up 0.3 and 0.2 per cent, respectively.
The worst performing sector was healthcare down 2.7 per cent after poor performances from Fisher and Paykel Healthcare (-4.2 per cent) as well as Vital Healthcare (-2.3 per cent). This was followed by industrials down 0.6 per cent and real estate down 0.5 per cent. ....

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