As the beverage industry gears up for the Summer Olympics and warmer weather, Barry Dixon, head of Davy Research, told investors that C&C is the stock to watch as cider meets the U.S.
St. Patrick’s Day is the smallest of all consumer holidays in terms of how much people spend, but more Americans than ever — some 54.4 percent, according to BigResearch — are planning to celebrate the traditional Irish holiday this year. The market researcher estimates consumers will spend about $35 on the holiday, or about $4.6 billion.