Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Iconic Brands, Inc., headquartered in Amityville, New York, specializes in the development, marketing, and distribution of alcoholic beverages across the United States. The company's diverse product lineup features popular brands such as the Bellissima collection, which includes all-natural and vegan prosecco, sparkling wines, and zero-sugar still wines. Additionally, their portfolio encompasses Bella Sprizz Aperitifs, BiVi 100% Sicilian Vodka, Hooters Spirits, and Sonja Sangria. Established in 2005, the firm adopted its current name in May 2009, having previously operated as Paw Spa, Inc.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks.