Constellation Brands, Inc. (STZ)

100Sport (< 20) Submitted: 4/11/07 4:11 PM : Start Price: $21.50 STZ Score: 10.99

I love this stock.

I've been holding STZ for a while now. I wasn't content to sell at
the $29 peak, and after the drop, I just bought more around $19. This
is a solid company with solid products. Being in the alcoholic
beverage business means steady, recession-proof revenue.

The only reasons STZ dropped are because their recent acquisitions
cost them a few bucks in the short term. Also, the cautiously
conservative company reports said that 2008 might be a slow
year...maybe...citing wine gluts from Australia lowering their chances
of selling wine in UK.

Since then, the wine glut has been forecasted as waning, their revenue
is up, and they've acquired a couple more high-profile and high-sales
brands. This is a great time to buy while prices are under $24. I
think it's worth $25 right now, and sales are only going to increase.
I'm betting on $30 by the end of the year. Go long, but you'll see
gains in the short as well.

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