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This basket consists of stocks that serve the 18+ crowd, such as casinos, alcohol, tobacco, and strip clubs.
Philip Morris (PM) is progressing well with bolstering presence in the low-risk tobacco space. Further, the company's pricing strategies are yielding results.
Altria stock was rising after an analyst argued that the headwinds facing tobacco stocks aren’t as worrisome as some think.
London's main index bounced back from two sessions of losses as exporters were boosted by a strong dollar while oil companies rose on higher crude prices and Ocado surged to a record high on its latest partnership deal. The FTSE 100 added 0.3 percent, lagging behind European peers as Brexit uncertainties kept a lid on gains, while the FTSE 250 firmed by 0.5 percent. After British lawmakers on Monday wrested control of the parliamentary agenda from the government for a day in the hope of breaking the Brexit deadlock, two eurosceptic lawmakers indicated they might support Prime Minister Theresa May's EU divorce deal rather than risk parliament canceling the exit.
Britain's FTSE 100 rose on Tuesday as exporter stocks benefited from weakness in the pound after lawmakers voted to take control of the Brexit process while Ocado surged to a life high on its latest partnership deal. The FTSE 100 was up 0.2 percent and the FTSE 250 was up marginally by 0836 GMT.
Monster Beverage (MNST) is well poised for growth, driven by momentum in the energy drinks business and strong international presence.
Which stock wins in a matchup between a top Canadian marijuana producer and a leading beer maker with a big stake in cannabis?
Boyd (BYD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Constellation Brands (STZ) closed the most recent trading day at $169.18, moving -0.12% from the previous trading session.
Boston Beer (SAM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
London's FTSE 100 retreated from multi-month highs to endure its worst day so far this year as a surge in the pound weakened exporter stocks and poor manufacturing data from the euro zone and the United States pulled the index deeper into the red. The FTSE 100 shed almost 150 points as it sank 2 percent and the more domestically-exposed FTSE 250 slipped 1.8 percent or almost 350 points.
The ongoing wave of cannabis legalization is good for pot companies, but the trend could be a downer for alcohol stocks, warns DataTrek.
A fight between beer giants escalated Thursday after MillerCoors filed a lawsuit against Anheuser-Busch that accused its rival of trying to "frighten" consumers into switching to Bud Light with "misleading" Super Bowl ads. MillerCoors said in the lawsuit filed in Wisconsin federal court that St. Louis-based Anheuser-Busch has spent as much as $30 million on a "false and misleading" campaign, including $13 million in its first commercials during this year's Super Bowl . The ad showed a medieval caravan pushing a huge barrel of corn syrup to castles for MillerCoors to make Miller Lite and Coors Light.