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Is Constellation Brands Stock a Buy?

Is Constellation Brands Stock a Buy?

Constellation Brands' (NYSE: STZ) business is close to firing on all cylinders again. The alcoholic beverage giant, which owns popular imported beer brands like Corona and Modelo, recently announced strong fourth-quarter sales and earnings results that gave the company excellent momentum heading into the new fiscal year. Financial wins also give Constellation Brands flexibility to invest in growth initiatives even while sending cash back to shareholders.