The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Tim Hanson and Jason Moser, discuss the top business and investing stories of the day.
U.S. spirits companies Beam (NYSE: BEAM ) and Brown-Forman (NYSE: BF-B ) had a strong 2012, and American whiskey was a big part of that growth. Now executives at Maker's Mark bourbon have announced they're reducing the proof of the company's signature bourbon to meet a rise in global demand in the face of short supply. In this installment of MarketFoolery, our analysts discuss the future of the spirit stock.
More great tips from the Motley Fool
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in our brand-new free report: "The Motley Fool's Top Stock for 2013." You can get a free copy for a limited time. Just click here to access the report and find out the name of this under-the-radar company.
The relevant video segment can be found between 6:55 and 13:42.