5 Spirit Stocks for Microcap Investors: SHNJF, VINE, WVVI, VWE, WBEV
Investors looking for companies that generate strong profits and pay dividends should take a closer look at alcohol stocks. These are companies that manufacture and distribute a variety of alcoholic beverages, including beer, wine, and liquor. Alcohol stocks also tend to perform well during periods of economic downturns, meaning they can provide diversification and recession-resistance to a portfolio.
Rogue Baron plc (OTCMKTS:SHNJF) is a premium liquor brand developer that is angling to become the next multi-million dollar buyout success story. Its award–winning Shinju Japanese Whiskey may be the best opportunity to attract one of the majors like Diageo plc or Constellation Brands. SHNJF is still rather unknown stateside. Take advantage of arbitrage opportunities by starting your research today on SHNJF.
Fresh Vine Wine (NYSEAMERICAN:VINE) – Fresh Vine Wine is an innovative company that is currently regarded as a major producer of low carb and low sugar high quality wines in the United States.
Earlier on this week on Tuesday the company announced that it had appointed a new Chief Financial Officer in the form of Ellen Scipta. In her role as the Chief Financial Officer, Scipta is going to be responsible for leading the financial and accounting operations of Fresh Vine Wine. She is also going to help the company in speeding up the growth plans in her role.
Willamette Valley Vineyards (NASDAQ:WVVI) – The next wine manufacturing company stocks that investors could consider looking into at this point is that of Willamette Valley Vineyards, which is currently best known for being the leading Oregon based producer of Pinot Noir.
The company had come into focus back on March 29 that it had managed to post preferred dividends income per common share of $0.20 in 2020 and $0.46 in 2020. That reflected a decline of as much as 56.6% year on year. On the other hand, sales revenues shot up by 16.4% to $31,786,864 in 2021 from $$27,314,852 in 2020. Both the fiscal years ended on December 31 of the respective years.
Winc Inc (NYSEAMERICAN:WBEV): Total net revenues in the Q4 grew 4.5% to $18.5 million. Net loss increased from $1.9 million to $5.6 million. Adjusted EBITDA loss of $5.9 million versus a loss of $1.5 million.
Net loss for the fourth quarter of 2021 was $5.6 million or ($0.73) per diluted share based on 7.7 million weighted average common shares outstanding in that quarter compared to a net loss of $1.9 million or ($2.10) per diluted share in the fourth quarter of 2020 based on 0.9 million weighted average common shares outstanding in that quarter.
Vintage Wine Estates (NASDAQ:VWE) – Lastly, it is the Vintage Wine Estates stock which may be added to the watch lists by investors at this point. It is one among the fastest growing wine producing companies in the United States at this point and on March 29 it made a major announcement.
At the time it emerged that Vintage Wine Estates had teamed up with Travel + Leisure Group for the launch of a pair of wine clubs that are going to feature selected wines from as many as 25 countries. Some of the selections include wines from Oregon, Washington and Napa Valley among others.