Name of opportunity: 👀
Constellation Brands
Postponed but still possible: ⏰
Donald Trump’s threat of tariffs on Mexico have heavily affected Constellation Brands this week. But a last minute deal with President Claudia Sheinbaum means there will be no new tax duties for at least a month. There are two breweries in Mexico owned by Constellation Brands. These breweries produce Modelo and Corona beer for the U.S.
How hot is this investment opportunity? 🔥🔥🔥
Tax duties on Mexican imports may impact Constellation Brands, which has dropped 5.41% in a week. However, there are no additional tariffs for now - and analysts are still calling the beverages company a ‘buy’.
Predicted to recover from the dip and then some, analysts say the price of Constellation Brands Inc. might increase from $173.18 to $244.78 in the next 12 months. If you invested $1000, you might profit $415.99.
One reason why analysts still call this stock a buy is that the company had solid Q3 results, such as $2.03 billion in beer net sales. And Modelo, a brand owned by Constellation, is America’s top selling beer, dethroning Bud Light in 2023. Constellation has also been optimistic about future plans to expand another brand, Pacifico, following the playbook it used to achieve Modelo’s success.
Beverages 🍺
Constellation Brands, Inc. is a producer and marketer of beer, wine, and spirits with operations in the United States, Mexico, New Zealand, and Italy with brands, such as Corona Extra, Modelo Especial, Robert Mondavi Winery, Kim Crawford, Meiomi, The Prisoner Wine Company, High West, Casa Noble, and Mi CAMPO.
Which neme?: 🔍
Look directly for Constellation Brands
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