Constellation Brands, Inc. (STZ)
The Company is an international producer and marketer of beverage alcohol with a portfolio of brands across the wine, spirits and imported beer categories.
Recs
Too large debt, too many one time hits even management dont know what their true underlying profit is.
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Too many VP's
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This company has usually acted contrary to the market so with the positive upswing I expect it to give up its recent gain over the next few days.
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Deconsolidating Beer sales; Sold Matthew Clark
Also investing in Vodka. I originally bought into STZ for their premium wine market. As they loose focus on this market, I expect profits to fall.
Recs
They've reduced their expected earnings for 2007. Price has plunged significantly. Merger likely.

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