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Beverages

Stable
Theme thesis

$TR matters if cyclical participation keeps spreading beyond the first wave.

Use the confirmer and break level to decide if this setup is still worth your time.

StagePersistent
UpdatedLive
Breadth60%
Setup strength
32
Glance animation
Trade Read
Why it matters

$TR matters if cyclical participation keeps spreading beyond the first wave.

What changed

TR leadership persisted

What to watch

BF-B is the clearest next confirmer and should tell us whether the move can broaden.

What breaks it

Cross-asset confirmation is still fragile, so spillover can stall before it becomes durable.

Latest Headlines
No symbol-linked headlines found in the current lookback window.
Headlines
No related headlines found

No recent headlines matched the theme's leader or member tickers in the current lookback window.

Who Is Leading
Names
Breadth
60%
How broad the move is
Leaders
1
Confirmers
0
Lagging
0
Leaders
Tootsie Roll Industries, Inc. (TR)
-0.6%

TR is following the broader theme move.

Confirmers
No live confirmer roster available.
Supporting Names
Brown Forman Inc (BF-B)
+1.0%
BF-B is currently driving the theme.
Keurig Dr Pepper Inc. (KDP)
-1.4%
KDP is confirming the move early.
Constellation Brands, Inc. (STZ)
+1.1%
STZ is following the broader theme move.
Southwest Gas Holdings, Inc. (SWX)
-1.7%
SWX is confirming the move early.
Not Yet Participating
SWX (SWX)
46%
Not participating yet
Sectors
What Is Confirming
Confirming Sectors
TR
88% participation
88%
Watchlist Sectors
BF-B — Participation 64%
KDP — Participation 58%
STZ — Participation 52%
Absent Sectors
SWX — Still absent
Live Names
5 names
Live Names
Rank
Symbol
Role
Signal
Score
Recent
Note
1
Tootsie Roll Industries, Inc. (TR)
Leader
Live
n/a
-0.6%
TR is following the broader theme move.
2
Brown Forman Inc (BF-B)
Participant
Live
n/a
+1.0%
BF-B is currently driving the theme.
3
Keurig Dr Pepper Inc. (KDP)
Participant
Live
n/a
-1.4%
KDP is confirming the move early.
4
Constellation Brands, Inc. (STZ)
Participant
Live
n/a
+1.1%
STZ is following the broader theme move.
5
Southwest Gas Holdings, Inc. (SWX)
Participant
Live
n/a
-1.7%
SWX is confirming the move early.
Theme Stability
2 sessions
Stability
Theme stability

This view is meant to answer a simple question: is the theme holding together, broadening, narrowing, or still changing shape?

First seen2026-05-14
Last seen2026-05-15
Runs2
Days2
ReadModerately stable
Label drift2 variants
2026-05-14
Broadening
5 names

Beverages - Wineries & Distilleries added 5 names and only removed 0

2026-05-15
Held steady
5 names

Membership was unchanged from the prior session

Activation Evidence
Live
First wave leaders
0
Names that moved first.
Second wave confirmers
0
Follow-through names joining after the leader.
Net new members
0
New names added to the move.
Repeat rate
0%
How often the same names keep reappearing.
Confirmer speed
0%
How quickly confirmation showed up.
Path coherence
0%
How clean the activation path looks.
Sequence buildup
0%
Whether the move built in sequence.
Leader to confirmer
n/a
Median lead time from leader to confirmer.
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