nysestz
Key Points Constellation Brands has held its ground during the past year, outperforming competitors despite a challenging inflationary period in the industry.Quarterly earnings results remind investors of these brands’ relentless stability, offering further upside for the full-year outlook.Underlying recoveries in the industry’s supply chain may aid the company in improved recovery times and magnitudes. These technicals and fundamentals further amplify the possibility of a near rally.5 stocks we like better than Constellation BrandsThe beverages sector is one of those economic niches that are ...
ValueWalk
Constellation Brands stock looks a bit oversold after reporting solid earnings and positive forward guidance.Beer sales drive the company’s growth and could reign as a solid, defensive choice for patient investors.The company’s cannabis investment still weighs on the stock.Investors looking to ride out the current bear market may want to take a close look at Constellation Brands (NYSE:STZ). The company reported earnings on October 5 and beat on both the top and bottom lines. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by Smart...
ValueWalk
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