Just released: our 3 top income-focused stocks to buy in June [PREMIUM PICKS]

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Our monthly Ice Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of income-focused Ice recommendations, to help Fools build out their portfolios.

• Part-family-owned soft drinks business that has an attractive brands portfolio.
• It grew like-for-like sales by 15.9% in its latest fiscal year.
• It’s seeing impressive momentum from its Funkin brand, the UK’s leading ready-to-drink cocktail brand, which has been growing revenues by 16%.
• The company says that 9.6m UK consumers drink cocktails out of home, a 1.6m increase since the pre-pandemic period, which has helped the category increase by 13% to £686m since 2019. This looks like a growth avenue for the company.
• The recent acquisition of Boost “has performed exceptionally well”.
• While operating margins have declined from 14.9% to 13.6% due to inflationary cost pressure and higher investment, the company believes it can rebuild margins over the medium term.
• It’s currently trading at around 16x forecast earnings, a discount to the three-year average of closer to 20x.