Unaudited, (quotation sites can screw with up reverse splits and/or special dividends). The full universe (our Watch List) performed somewhat similar to the overall market, with only ten stocks up in value.
The top-performing beverage stock was The Alkaline Water Co. (WTER) a client with a gain of 197% in the trailing 12 months, lucky us! Website.
The second best performing beverage stock was New Age Beverages (NBEV) a past client with a gain of 124%. New Age was our first beverage industry client actually, which we discovered in 2016. At the time it was trading at $0.31 and a market capitalization near $5 million. Today New Age has a market value in excess of $400 million. Read more on New Age Beverages here.
Both companies benefited in part by announcing their intention to add CBD powered beverages to their lineup.
Top 10 Performers
Life On Earth (LFER) $0.25, a current client and beverage incubator, has a market capitalization similar to New Age Beverages when we first came across it, under $10 million. You can learn more about Life On Earth here.
In a recent press
Wait, what? Did someone say Farm Bill! Inquiring minds want to know.
See detailed disclosure and disclaimer information on any and all reports published by Institutional Analyst Inc.,