10 Best Beverage Stocks To Invest In 2015: Pernod Ricard SA (PDRDY)
Pernod Ricard SA is a France-based producer and distributor of spirits and wines. The Company offers such products as whiskies, aniseed spirits, liqueurs, cognacs and brandies, white spirits and rums, bitters, champagnes and wines. Its business is divided into three segments: Top 14 Spirits & Champagne, Priority Premium Wines and 18 key local spirits brands. Pernod Ricard SAs flagship brands include ABSOLUT, Ricard, Havana Club, Ballantines, Malibu, The Glenlivet, Chivas Regal, Beefeater, Kahlua, Martell, Royal Salute, Mumm, Perrier-Jouet and Jameson, among others. The wine category includes, Jacobs Creek, Brancott Estate, Campo Viejo and Graffigna. It operates as a holding company, with the structure divided between brand owner subsidiaries, such as The Absolut Company, Havana Club International and Chivas Brothers and regional distribution subsidiaries, such as Pernod Ricard Europe, Pernod Ricard Americas and Pernod Ricard Asia, distribute local brands. Advisors' Opinion:- [By Charles Sizemore]
But its current valuationit trades at 31 times earningsmakes me pause. At that price, you are implicitly expecting one of two things to happen:
The American whiskey boom continues unabated for yearsand isnt replaced by something new and trendy. Brown-Forman will be acquired by a larger competitor (think Diageo or Pernod-Ricard (PDRDY)).The first assumption is one Id be hesitant to make given the whims of fashion. And the second is even less likely. Brown-Forman is family controlled, and in the past the company has very adamant about preserving its independence.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/10-best-beverage-stocks-to-invest-in-2015-2.html
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