3 Food and Beverage Stocks Likely to Grow in 2021

Among consumer discretionary stocks, some food and beverage stocks were hit hard by the COVID-19 pandemic in 2020 as restaurants closed for months and foodservice orders consequently plummeted. Looking ahead to the rest of 2021, three names in the sector stand out as ones Fools interested in these companies might want to consider: McDonald's (NYSE: MCD), Monster Beverage (NASDAQ: MNST), and The Coca-Cola Company (NYSE: KO). The Golden Arches' fourth-quarter (Q4) results show strong signs McDonald's business is returning to normal after 2020's coronavirus sucker punch, led by the U.S., Australia, and Japan.