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Filed under: Coca-Cola (KO), PepsiCo (PEP), Hansen Natural (HANS), Stocks to Buy

Beverage stocks are often considered "defensive" in nature. After all, no matter what troubles beset the economy, people continue to eat and drink.

Granted, a recessionary environment might impact purveyors of expensive champagnes. But our focus here is on everyday canned sodas and moderately-priced beer and wine.

Of course, no report on beverages would be complete without the two giants of the field -- Coca-Cola (NYSE: KO) and PepsiCo (NYSE: PEP).

"The economic data shows that Latin America Is booming; it’s a self-feeding cycle of booming global trade and rising domestic consumption," says income expert Nilus Mattive.

In his Dividend Superstars, he explains, "And now’s a great time to look for some South of the Border bargains." Here, the advisor looks at wine maker, Vina Concha y Toro (NYSE: VCO).

"I’m a wine drinker. And, I’m also a value guy. So I’m always looking for quality wines that won’t break the bank. This Chilean winery regularly delivers.