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. Read More...
Down More Than 50%: These 2 ‘Strong Buy’ Stocks Are Flirting With a Bottom
There are conflicting signals coming from the markets lately. We all know the accumulated headwinds; rising interest rates, the banking failures, and the Fed, in the minutes from its last FOMC meeting, indicated that a ‘mild’ recession is highly likely in the second half of this year. Yet, the markets have seen sound gains year-to-date, with the S&P 500 up 7.5% and the NASDAQ an even better 15%. Looking at the current market conditions, Jeremy Siegel, a Wharton economic professor and a long-time