Well that was quick. Constellation Brands (STZ) just went from being a 20% grower to delivering -6% profit growth. Is it time to sell STZ?
I’m not as impressed with Consellation Brands (STZ) as I used to be, and I really don’t know why. This is one of my favorite companies.
Bacardi just bought Patron for $5.1 billion. That makes Constellation Brand’s (STZ) 2014 acquisition of Casa Noble for less than $30 million seem like a bargain — for faster growth.
Constellation BRands (STZ) is having a perfect 2017. But qtrly profit estimates don’t look that great, and with a perfect chart pattern the stock could use some rest.
Constellation Brands (STZ) shot to an All-TIme high after it crushed profit estimates. Profit margins surged to 35%, well above the 29% STZ had a year ago.