Constellation Brands, Inc. Class A (STZ)

234.83
2.22 0.94
NYSE
Prev Close 237.05
Open 235.16
Day Low/High 231.76 / 237.64
52 Wk Low/High 207.35 / 261.52
Volume 1.42M
Exchange NYSE
Shares Outstanding 187.99B
Market Cap 47.18B
P/E Ratio 21.86
Div & Yield N.A. (N.A)

From the Street of Dreams

BankofAmerica/Merrill Lynch raises its price target for Canopy Growth from $22 to $26 this morning. The brokerage is less keen on an imminent takeover by Constellation but more excited about the timing of a fundamental profit turn in the business wi...

Recommended Reading (Part Deux)

A thoughtful post by Tim "Not Judy or Phil" Collins on Canopy Growth . I have long thought that a Constellation /Canopy merger was in the cards. And so does Tim think the same!

Canopy Might Have Spotted Its Lucky Star in Constellation Brands

Canopy Might Have Spotted Its Lucky Star in Constellation Brands

The cannabis company just brought on STZ executive as new CEO, and this move is likely lining up bigger things to come as sector shakes out.

David Klein Is the Right Guy for the Canopy CEO Job

Canopy Growth embarked on a CEO search in July 2019 after the dismissal of founder and CEO Bruce Linton. The company, at that time, cited the need to bring "new vigor" and organization to Canopy. (Earlier in the year there were investor concerns abo...

Let's Get Chai (Part Deux)

Canopy Growth is higher on news that the former Constellation Brands CFO, David Klein, has become CGC's CEO.

Cannabis a Rising Star in Morningstar Mag

Cannabis a Rising Star in Morningstar Mag

Morningstar Magazine offers insight into future growth potential for cannabis industry and stocks.

Trade of the Week: Buy Canopy Growth

* Let's get "Chai!"  As subscribers know, until recently I have stayed away from a broad-based exposure in the cannabis industry over the last few years, for Canopy Growth , which I thought would be a clear winner because of the imprimatur and the m...

Canopy Growth Is Not Lining Up to Investor Expectations

Canopy Growth Is Not Lining Up to Investor Expectations

CGC reported a wider than expected loss that included a slew of write-downs leading some to conclude this a kitchen sink quarter.

Constellation Brands Lacks a Guiding Spirit

Constellation Brands Lacks a Guiding Spirit

Those looking for dividends from STZ should be cautious as consumers swap out beer for wine and distilled drinks, fires rage in California and tariffs hit European imports.

Gazing at Constellation

Snacks, Sodas and Sweets: 5 Food & Beverages Stocks That Are Buys

Snacks, Sodas and Sweets: 5 Food & Beverages Stocks That Are Buys

Top picks include blue chips and under-the-radar names.

Break In!

Break in. David Klein, Constellation Brands'  Executive Vice President and CFO, is becoming Chairman of the Board of Directors of Canopy Growth. I view this move as a strong commitment from STZ and a positive for Canopy Growth shares.

At What Price Do You Own Canopy Growth?

At What Price Do You Own Canopy Growth?

Why I'm leaning toward a trade in the former cannabis darling.

Constellation Brands Could Retest Late May Nadir as Charts Lack Spirit

Constellation Brands Could Retest Late May Nadir as Charts Lack Spirit

The producer of alcoholic beverages offers mixed technical signals, though trading volume in the shares has been diminishing this year.

The Stars Line Up Against Equity Markets, My Defensive Posture: Market Recon

The Stars Line Up Against Equity Markets, My Defensive Posture: Market Recon

There is also reason to see longer-term equity strength in valuations.

Analysts Puffed, Now Passing on Canopy Growth

Analysts Puffed, Now Passing on Canopy Growth

What is the green swan that will bring buyers back to cannabis companies?

Kass: Time to Buy Cannabis Stocks for a Trade -- And Soon for a LT Investment

Kass: Time to Buy Cannabis Stocks for a Trade -- And Soon for a LT Investment

I'm considering establishing a long investment stake in a package of cannabis stocks, with emphasis on U.S.-based companies.

Time to Buy Cannabis Stocks (for a Trade)… and Soon for a Long Term Investment

* CGC could trade up to over $30 on the successful House vote passage of the SAFE Banking Act announced last evening * While the short term may remain rocky (pot stocks are down by nearly 50% since April), investors with longer term timeframes shoul...

The Charts of Canopy Growth Are Missing Signs of Accumulation for Now

The Charts of Canopy Growth Are Missing Signs of Accumulation for Now

Let's go to the charts and indicators.

My Problem Children

* "Everyone" has them Over the last few days I have been working on three problem children -- Macy's , Kraft Heinz and Canopy Growth . Though I have still not completed my analysis (all three companies face substantive competitive and business chall...

Pondering These Pot Stocks

Is Tilray Too Hot into Earnings?

Morningstar High on Pot Growth, Sees U.S. Going Legal by 2023

Morningstar High on Pot Growth, Sees U.S. Going Legal by 2023

Analysts say nation will turn a new leaf, changing federal law within a few years, as cannabis industry expected to grow big time over next decade.

Constellation Brands Is Looking Better but I Have a Fear of Commitment

Constellation Brands Is Looking Better but I Have a Fear of Commitment

Let's examine the latest charts and indicators.

Would You Rather Have an Executive Team Managing the Company or the Stock Price?

Would You Rather Have an Executive Team Managing the Company or the Stock Price?

It all comes down to matching my time frame.

Constellation Brands: I Like the Beer a Lot More Than I Like the Stock

Constellation Brands: I Like the Beer a Lot More Than I Like the Stock

I'm only considering selling the puts. The dividend is not that attractive.

Constellation Brands Could Trade Sideways - Watch the OBV Line for Bullish Clues

Constellation Brands Could Trade Sideways - Watch the OBV Line for Bullish Clues

Let's see if we can identify the next sustained move.

Constellation Brands Remains Beer Dependent as it Transforms Itself

Constellation Brands Remains Beer Dependent as it Transforms Itself

Changes will come as they move their wine and spirits business to the 'high end', and develop the activities of Canopy Growth, which promises cannabis-infused drinks.

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

The risk is that the chief design officer's departure will cause technical issues in Apple's chart.

Constellation Brands Looking Wobbly as Beer Demand Fizzles

Constellation Brands Looking Wobbly as Beer Demand Fizzles

Get defensive on the beverage company.