Constellation Brands: I'm Not Sure Berkshire's Bet Will Be A Toast (Earnings Preview)

Luca Socci
4.77K Followers
(10min)

Summary

  • Constellation Brands faces growth stagnation, tariff headwinds, and M&A missteps, making its future outlook weak despite its strong beer portfolio.
  • Financials show high margins and shareholder returns, but flat revenue and moderate dividend growth don't justify holding for income or growth.
  • Valuation appears stretched, with an intrinsic value below the current price and negative momentum increasing downside risk, especially before earnings.
  • Despite Berkshire's investment, I recommend selling Constellation Brands and seeking more reliable, predictable stocks for your portfolio.
Bottles of Corona Extra beer

monticelllo

Constellation Brands and Berkshire Hathaway

As much as I admire Warren Buffett and Berkshire Hathaway (BRK.A, BRK.B), I have a hard time agreeing with the choice of doubling down on Constellation Brands (NYSE:STZ). True, it

This article was written by

4.77K Followers
I focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gains than low valuation. As a result, I give utmost importance to margins, free cash flow stability and growth, and returns on invested capital. I research stocks within my areas of competence and whenever I find a high-quality company, I usually never get bored in researching it more and more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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