Constellation Brands, Inc. (STZ)

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.

busy busy drinky drinky

Constellation brands (STZ) is the best wine and booze company on the planet. Even if the market tanks, the brokers still have to have a drink (possibly even more in a bad market). Core holding

Wife likes Canadaigua wines...

Drinkers W H E R E???? 20 % of all wine sales is Zinfandel...
The economy is bad, have a drink, the economy is good, have a drink!!!

Take a look at BUD, DEO, FO etc. All are in the same business and are trading in the 20 PE range. However, they are larger with less growth potential than STZ which is trading at a 14 PE. I think they are a buyout candidate as well...

Too many VP's

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.

Economy Bad=Excessive Drinking to relieve stress. I thknk that there will be an upside to Constellation. People drink more during a recession. Just ask the Russians. Vodka anyone?

always a demand for adult beverages, plus the company has a growth plan that's working.

When times get tough, people need something to lift their spirits. Constellation Brands sells it.

Constellation is the largest wine company in the world; a leading producer and exporter of wine from Australia, New Zealand and Canada; and both a major producer and independent drinks wholesaler in the United Kingdom. With more than 250 beverage alcohol brands marketed in nearly 150 countries, Constellation offers consumers their beverage of choice for any occasion. Most of their fare is wines, but they also have some limited spirits, including Black Velvet, and beers, including Corona Extra, Corona Light, Modelo Especial, Pacifico, Negra Modelo, and St. Pauli Girl from Germany. Among their more well-known wines are Mondavi, Ravenswood and 3 blind moose. Constellation is a small-cap stock with both growth and value characteristics, whose earnings have increased in 10 of the last 12 years. As of mid-March 2008, STZ has an intrinsic value per share of $25.48, assuming a projected earnings growth rate over the next 10 years is 12.00%. STZ currently sells at $18.70 per share, which is a 26% discount to its intrinsic value. For $134 million, they just sold a small winery and their historic, but time-worn Almaden and Inglenook wine brands, which have a long history, but now sell for about $3 a bottle, and have lost their appeal with today’s wine consumers. On the down side, STZ doesn’t pay dividends. Institutional investors own 90.0% of STZ’s shares, but insiders own less than 1%, which is not ideal. Like another CAPS contributor, though, I believe that the looming recession and political season equate to increased alcohol consumption, which is why I selected them to OUTPERFORM.

This is a value company with cash. Cash is king in this economic environment. Like it here for a buy point and more so with a pop over 13.5/share.

Just building a sin stock portfolio

Only concern is the European Business which is underperforming through poor Operational Management. It's a $30 - $32 share and once Vincor is fully integrated the savings should start flowing through to reduce the heavy debt burden.

big drop today, good buying price

wide competitive advantage and undervalued...great company

Beat the Market, alcohol and profitable.

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