Best Alcohol Stocks to Buy in 2026 and How to Invest in Them

France's LVMH Moët Hennessy Louis Vuitton (LVMUY -4.02%) is the premier name in all things luxury goods. But champagne and other ultra-high-end spirits feature prominently in this diverse portfolio of high fashion. In fact, the company's name says as much. LVMH owns champagne house Moët Chandon, cognac maker Hennessy, and other brands, including Dom Pérignon, Krug, Veuve Clicquot, and more.

LVMH -- whose CEO Bernard Arnault was one of the world's richest people in 2025 -- has been a winner on the stock market historically. Its diversified portfolio of luxury goods, which includes fashion and leather goods, jewelry and watches, wines and spirits, and perfumes and cosmetics, has delivered steady growth.

However, recently the company has struggled due to challenges in China. The wines and spirits business, which makes up less than 10% of the company's total revenue, has been a sore spot, with organic sales down 4% through the first three quarters of the year.

Still, this is a long-term growth business. Its fashion collection is highly sought-after worldwide, and it's been able to grow through acquisitions, taking over Tiffany in 2021, for example. LVMH also pays a modest dividend, yielding 2% in December 2025 to complement the steady expansion of its portfolio of fashion, champagne, and other luxury goods.

2. Diageo

4. Brown-Forman

Anheuser-Busch InBev (BUD -0.06%) is one of the biggest alcohol companies in the world. It was formed by the merger of Anheuser-Busch, the Budweiser parent, and InBev, the Belgian owner of beer brands such as Stella Artois and Beck's and liquor brands like Skol.

In 2016, AB InBev got even bigger with its acquisition of SAB Miller, though the beer maker was forced to divest several brands for the deal to pass regulatory muster. Today, AB InBev is massive, but it is still subject to the larger trends in the alcohol industry, including the fact that the young adult generation seems to be drinking less than their predecessors.

In the second quarter of 2025, organic volume sales were down 1.9%, though the company has seen success with its megabrands, such as Corona, which continues to gain market share around the world (although AB InBev doesn't own the U.S. rights to sell Corona).

7. Constellation Brands

Constellation Brands (STZ -3.91%) is best known as the domestic seller of Corona, Modelo, and other Grupo Modelo brands as part of a 2013 deal with AB InBev after regulators forced AB InBev to sell the domestic rights to those beers to allow its acquisition of Grupo Modelo. As a result, Constellation Brands' stock surged over a five-year period following the deal, though its growth has since faded.

In addition to the beer business, Constellation also owns liquor brands like High West Whiskey. However, it has been selling off its wine business in recent years.

The stock has recently attracted the interest of Warren Buffett's Berkshire Hathaway (BRK.A +0.50%)(BRK.B +0.65%), which invested in the stock, even though the business has struggled in 2025. Sales of Corona and Modelo have fallen, in part due to weakness among Hispanic consumers because of the immigration crackdown.

8. Molson Coors

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