Are you thinking of taking to the drink in 2013? Well if French asset manager Exane is to be believed then beer rather than spirits is definitely the best choice.
Brewers appeal to Exane because of their cash generation and growth and they could have an upside of as much as 15 per cent, compared to 2 per cent for spirits companies. Indeed, brewers cashflow valuation makes them more attractive than most other consumer goods categories, said Exane.
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