Constellation Brands (STZ), which sells Corona and Modelo beers, generated lower sales but maintained its free cash flow guidance. STZ stock is down from its highs. Based on its historical averages, it appears to be a bargain. What is the best way to play this?
STZ is at $171.26 today, well off its recent peak of $195.62 on May 16. Nevertheless, value investors like the stock as the beer, wine, and spirits company is still profitable and trading at attractive buy-in levels.
