Constellation Brands Stock: Buy, Sell, or Hold?
Constellation Brands (NYSE: STZ) shareholders are grappling with the sobering reality of a bitter stock price performance over the past year. Share prices of the beer, wine, and spirits giant are down about 37% from their 52-week high amid a less-than-stellar sales trend in recent quarters. The stock has also been under pressure due to concerns that the company may be pulled into the Trump administration's trade war, as it imports a significant portion of its beer products from Mexico.The headlines don't inspire much confidence, but there are still plenty of reasons investors shouldn't give up on this beaten-down industry leader quite yet. Let's discuss what to do with Constellation Brands stock now.Constellation Brands has grown into a dominant force in the beer market, holding exclusive rights to market and sell the flagship Corona and Modelo brands in the United States. The company is further diversified as one of the world's largest wine producers, with a portfolio of premium brands alongside a smaller spirits segment.Continue reading
Constellation Brands (NYSE: STZ) shareholders are grappling with the sobering reality of a bitter stock price performance over the past year. Share prices of the beer, wine, and spirits giant are down about 37% from their 52-week high amid a less-than-stellar sales trend in recent quarters. The stock has also been under pressure due to concerns that the company may be pulled into the Trump administration's trade war, as it imports a significant portion of its beer products from Mexico.
The headlines don't inspire much confidence, but there are still plenty of reasons investors shouldn't give up on this beaten-down industry leader quite yet. Let's discuss what to do with Constellation Brands stock now.
Constellation Brands has grown into a dominant force in the beer market, holding exclusive rights to market and sell the flagship Corona and Modelo brands in the United States. The company is further diversified as one of the world's largest wine producers, with a portfolio of premium brands alongside a smaller spirits segment.
