Wine stocks are shares of ownership in companies that once produced luxury drinks for elites, but now create refreshments for hundreds of millions of people around the planet. While it isn't the highest-growth industry, wine stocks can be paired with other portfolio holdings to give investors a reasonable return.
Wine is a multibillion-dollar industry, and some estimates point toward average annual growth in the mid-single-digit percentages in the next decade. Buying wine stocks can be a good option for investors looking for stable returns and some dividend income.
Investing in wine stocks
Like beer stocks and distilled spirits stocks, wine hasn't been a fast-growing industry in recent years. There also aren't a lot of pure-play options for investors hoping to bet solely on products of the vine. Some options do exist, although most of them come with a portfolio of beer or alcohol brands to complement wine labels.
Here are four wine stocks to consider, what they contribute to the winemaking business, and how to decide if they're right for you.
| Company name | Company ticker | Market cap | Industry |
|---|---|---|---|
| LVMH Moët Hennessy - Louis Vuitton | OTC:LVMUY | $366.1 billion | Textiles, Apparel and Luxury Goods |
| Constellation Brands | NYSE:STZ | $27.1 billion | Beverages |
| Treasury Wine Estates | OTC:TSRY.Y | $2.8 billion | Beverages |
| Willamette Valley Vineyards | NASDAQ:WVVI | $14.6 million | Beverages |
1. LVMH Moët Hennessy Louis Vuitton
OTC: LVMUY
Key Data Points
2. Constellation Brands
NYSE: STZ
Key Data Points
Constellation Brands (STZ +2.09%) is best known for a Mexican beer portfolio that includes Corona, Modelo, and Pacifico. It also has several wine labels, including Kim Crawford and Robert Mondavi.
Until 2021, Constellation was a fast-growing company, thanks to its beer business, which makes up the majority of total revenue. Its portfolio of alcoholic beverages has matured, though, and this is likely to be more of a slow-and-steady business. It's also been a tough few years in the macro environment, with cash-strapped consumers tightening their wallets and scaling back purchases of alcoholic beverages.
Over the last 12 months, Constellation stock has plunged 41%, compared to a 12% gain for the S&P 500. There's hope for a turnaround, though. The company has made a few key divestitures, including the sale of its Svedka vodka brand for $409 million in late 2024, leaving it with plenty of cash that can be dedicated to share buybacks, debt repayments, and investments in its well-known beer brands.
3. Treasury Wine Estates
OTC: TSRY.Y
Key Data Points
Australia has become one of the world's top wine producers, and Treasury Wine Estates (TSRY.Y +2.33%) is one of the largest players in the country. Treasury Wine Estates owns labels that include Penfolds, 19 Crimes, Stag's Leap, and Beaulieu Vineyard.
Treasury Wine Estates is a rare pure-play stock on wine, albeit smaller than its primary competitors. The last year has been brutal, too. The company announced in October that it was suspending its 2026 earnings guidance and putting the brakes on a $130 million share buyback plan. It blamed the issues on weak sales in China and distribution problems in the U.S.
Share prices fell 14% in the wake of the announcement, putting the company's stock at its lowest point in more than 10 years. Given that the stock's price fell by half in 2025 from $11 in January to $5.50 in December, there might be room for investors to win big on even a modest rebound.
4. Willamette Valley Vineyards
NASDAQ: WVVI
Key Data Points
This small, Oregon-based operation was founded in 1983, becoming one of Oregon's first vineyards since Prohibition. From humble, hand-watered beginnings, Willamette Valley Vineyards (WVVI +2.91%) has become one of the state's better-known providers of wine and is recognized as “One of America’s Great Pinot Noir Producers” from Wine Enthusiast Magazine.
While the stock's tiny $15 million market cap pales in comparison to some of the global wine behemoths, it's made a strong case for being one of the more popular wine providers in a wine-loving region. It went public in an unlisted 1989 offering, drawing 1,200 shareholders who invested an average of $1,700 each.
Like many other wineries, Willamette Valley boomed during the COVID-19 pandemic, but its stock has since come down to earth. Like Treasury Wine, it had a rough 2025, with stock prices falling by roughly half. The company's growth has been slowed by a younger generation that favors other types of alcoholic beverages, but it might offer a decent opportunity for investors seeking diversification into an industry that is likely to return to favor eventually.
Advantages and disadvantages of investing in wine stocks
As with any other stock, there are pros and cons to investing in wine. Fermented beverages have been part of the human diet for at least eight millennia, giving them quite a track record. You may want to invest in wine if you believe:
- The beverage will rebound as a staple alcoholic beverage of choice.
- Wine is a good avenue for diversifying your portfolio into a low-key beverage stock.
- Diversified companies that have wine interests might insulate you from volatility.
- Wine stocks are undervalued or poised for new growth.
On the other hand, you may want to avoid wine-related stocks if you think:
- The generational trend for craft beers and cocktails will continue.
- An economic downturn that will lead to less wine consumption is likely.
- Wine stocks are overvalued or not very likely to perform well over the long term.
- Climate change stands to wreak havoc on wine-growing regions.
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How to invest in wine stocks
1. Open your brokerage app: Log in to your brokerage account where you handle your investments.
2. Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
3. Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
4. Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
5. Submit your order: Confirm the details and submit your buy order.
6. Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly
Investing in a luxury beverage for all
Wine stocks aren't for everyone. Much like other food and beverage stocks, wine isn't the fastest-growing industry out there. But as the global middle class expands, wine may offer some gradual growth in the years ahead, and a few wine holding companies dole out dividends, as well. Just remember to tread carefully and diversify any wine shares you might buy with other alcohol, beverage, and food stocks.
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