The Latest Breaking News from STZ

Bud Light lost its title as the top beer in the U.S. while Anheuser-Busch plans to prop up the brand. Mark Cuban weighs in on "woke" businesses.

Despite the threat of recession and inflationary pressures, demand for beverages has remained robust. Moreover, demand for healthy and non-alcoholic beverages has also increased amid rising health awareness. With the market expected to keep growing, investors might consider buying fundamentally strong stocks, PepsiCo (PEP) and Constellation Brands (STZ). However, it…

Concerns over high inflation and the potential rate hikes are stoking recession fears and driving immense market volatility. So, dividend-paying stocks Coca-Cola (KO), Keurig Dr Pepper (KDP), Ennis (EBF), Constellation Brands (STZ), and Casey's General Stores (CASY) could be ideal picks now for ensuring a steady income stream. Read more….

Legalization and growing medicinal benefits are driving the cannabis market’s growth. With disruptive long-term prospects in sight, we think pot stocks, Constellation Brands (STZ), Altria Group (MO), and Jazz Pharmaceuticals (JAZZ) could be solid additions to one’s portfolio now. Read on….

Legalization of cannabis across states is driving the prospects of the pot market. So, is it time to add pot stocks British American Tobacco (BTI), Imperial Brands (IMBBY), and Constellation Brands (STZ) to one’s portfolio? Read on to find out….

Constellation Brands (NYSE:STZ) has outperformed the market over the past 15 years by 10.13% on an annualized basis producing an average annual return of 16.32%. Currently, Constellation Brands has a market capitalization of $42.81 billion.

Constellation Brands Inc (NYSE:STZ) reported first-quarter FY23 growth sales of 17% year-on-year to $2.4 billion, beating the consensus of $2.16 billion. Net sales for the Beer segment grew 21% Y/Y to $1.89 billion, and Wine and Spirits rose 2% Y/Y to $465 million. Shipment volume for Beer increased 17.3%, while Wine and Spirits…

Constellation Brands (NYSE:STZ) has outperformed the market over the past 10 years by 17.08% on an annualized basis producing an average annual return of 27.52%. Currently, Constellation Brands has a market capitalization of $41.56 billion.

The U.S. equity market has experienced elevated volatility lately amid record-high inflation, increased possibility of the Fed’s drastic interest rate increases to bring price stability, and growing recession fears. As the U.S. economy is slowly sliding into a recession, fundamentally strong consumer discretionary stocks UnitedHealth (UNH), Assurant (AIZ), Pilgrim’s Pride…