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MarketBeat
MarketBeat
Business
Sarah Horvath

Berkshire Hathaway Bets on Constellation Brands—Should You?

When in need of guidance, retail investors often look toward institutional investment trends to get ideas of areas where the current economy may reward undervalued risk-taking. Spearheaded by one of the most legendary investors, it’s easy to see why Berkshire Hathaway (NYSE: BRK.A) is a typical target for retail traders to investigate when seeking opportunities.  

In quarter four of 2024, Buffet’s Berkshire Hathaway opened one major position while simultaneously lowering holdings in companies like Bank of America (NYSE: BAC) and Citigroup (NYSE: C). This single purchase was made by beer, wine, and spirit distributor Constellation Brands (NYSE: STZ), which is trading close to its 52-week low price of $161 per share. 

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