Alcohol or drug abuse affects 25 million Americans; only four million get treatment

The need in this country for increased insurance coverage for alcohol and drug addiction treatment is indisputable. Drug rehab and drug detox have little or no recognition among health insurers, yet drug addiction is a major cause of ruined lives, family violence, emergency room visits, and death. According to the U.S. Bureau of Labor, alcohol and drug addiction also cost America $77 billion each year in lost productivity. Clearly something needs to be done to make it easier for addicts to get alcohol and drug rehab.

As the economy continues to loom into uncertainty, staying defensive is a not a bad option for any portfolio. Interestingly, just as tobacco will help investors with capital gains during times of both economic growth and slowdown, purchasing alcohol stocks will have similar effects. While the industry is not too large, and only includes only one American company with a market-cap over $10 billion, there is still a tremendous opportunity investing in one of these corporations. Noticeable companies in this industry include Molson Coors and Anheuser-Busch; however one stock, Brown-Forman Corporation (BF.B) really will catch the investor’s attention. Only an 8.82 billion dollar company, shareholders will still be optimistic about strong business foundation, excellent growth potential, and relatively interesting valuations.

Close
E-mail It