|Bid||0.00 x 0|
|Ask||0.00 x 2200|
|Day's Range||215.52 - 216.66|
|52 Week Range||215.52 - 234.00|
|PE Ratio (TTM)||18.66|
|Forward Dividend & Yield||2.68 (1.17%)|
|1y Target Est||N/A|
listed on New York Stock Exchange this week, CEO Bruce Linton's focus is very much on the company's home market of Canada. Ontario-based Canopy is a producer and seller of primarily medical marijuana in Canada, with subsidiaries and operations spread around eight countries. With Canada's government poised to legalize recreational marijuana use this ummer, Canopy is getting ready for the busiest year in its six-year history.
VICTOR, N.Y., May 24, 2018-- Constellation Brands, Inc., a leading beverage alcohol company, announced today that David Klein, chief financial officer, will present at the RBC 2018 Consumer & Retail Conference ...
Marijuana producer Canopy Growth began trading on the NYSE Thursday, making it one of two Canadian pure-play marijuana stocks to invest in on a major U.S. exchange.
Constellation Brands, Inc. (STZ) (STZ-B), a leading beverage alcohol company, announced today that it has promoted Jim Sabia to the newly created role of Executive Vice President and Chief Marketing Officer, Constellation Brands. In this new role, Sabia will serve as the marketing lead for the company`s Beer and Wine & Spirits Divisions, responsible for all aspects of marketing across Constellation`s entire beverage alcohol portfolio. Sabia will serve as a member of the company`s Executive Management Committee and report directly to Bill Newlands, President and Chief Operating Officer.
Constellation Brands, Inc. (STZ) (STZ-B), a leading beverage alcohol company, announced today that it has promoted Jim Sabia to the newly created role of Executive Vice President and Chief Marketing Officer, Constellation Brands. In this new role, Sabia will serve as the marketing lead for the company’s Beer and Wine & Spirits Divisions, responsible for all aspects of marketing across Constellation’s entire beverage alcohol portfolio. Sabia will serve as a member of the company’s Executive Management Committee and report directly to Bill Newlands, President and Chief Operating Officer.
Measuring Constellation Brands Inc’s (NYSE:STZ) track record of past performance is a useful exercise for investors. It enables us to understand whether or not the company has met or exceedRead More...
Morgan Stanley has released a massive study that identifies 30 stocks representing their "best long-term picks based on sustainability and quality of business model." They add, "Our Chief U.S. Equity Strategist, Michael Wilson, recently reiterated his view that we are likely to see a rolling bear market across individual stocks and sectors that results in a choppy, range-trading index for years—an environment in which stock-picking will clearly become more important." This is the first of two articles that Investopedia will devote to that study. Among the 30 stocks recommended by Morgan Stanley are: Activision Blizzard Inc. ( ATVI), Alphabet Inc. ( GOOGL), Constellation Brands Inc. ( STZ), BlackRock Inc. ( BLK), The Bank of New York Mellon Corp. ( BK), The Charles Schwab Corp. ( SCHW), JPMorgan Chase & Co. ( JPM), and Northrop Grumman Corp. ( NOC).
Legalizing marijuana in the U.S. could result in fewer prescriptions of addictive substances such as opioids, Canopy Growth CEO Bruce Linton says. Opioids, including heroin and fentanyl, were involved in more than 42,000 overdose deaths in 2016. Legalizing marijuana at the federal level in the U.S. could result in fewer prescriptions of addictive substances such as opioids, Canopy Growth founder and CEO Bruce Linton told CNBC on Thursday.
Penny stocks get a bad rap — and it’s somewhat well-deserved. The best penny stocks to buy shouldn’t be buys because of their price — but rather their value. All that said, a bad reputation can create opportunities in the micro-cap and small-cap spaces — and some of those opportunities have share prices under $5, traditionally the cut-off for penny stocks.
New health-conscious beer Corona Premier and its sister new brand Corona Familiar are off to a good start and look like they'll serve as positives for parent company Constellation Brands Inc. The analysts also reiterated their "Outperform" rating and $270 price target on Constellation shares, which fell 5 cents to close at $221.77. "So far, consumer/distributor/retailer reception to the two latest line extensions, Corona Familiar/Premier, has been very positive," Wells Fargo's analysts wrote in their note.
Aurora Cannabis on Monday agreed to buy fellow Canadian pot stock MedReleaf for $2.5 billion, a record industry deal. Canada's Canopy Growth plans a NYSE listing.
Charles Schwab, the San Francisco-based discount brokerage, could be among the stocks that will break out if the stock market has a strong rally. The publication said that this should be the case for shares of Schwab. Others, including Constellation Brands, Inc. ( STZ) and Famous Footwear owner Calares, Inc. ( CAL), could also try to break out but should face resistance, the report noted.
On May 8, Moody’s provided insights into the potential of the US and Canadian marijuana industries, discussing the potential impact of regulated medical and recreational marijuana on companies and governments. Here’s what Moody’s had to say. Moody’s vice president and senior analyst Grayson Nichols stated that tax revenue from the marijuana industry for state and local governments was only “marginally credit positive,” adding that for states such as Colorado and California, their share of annual fund revenue would remain small.
Beer, pharmaceutical and tobacco firms are under pressure to retune their business models as support to legalize pot gathers momentum. Nine U.S. states and Washington D.C. now permit their residents to use marijuana without a doctor’s letter, even though federal law still recognizes the drug as illegal. Moody’s expects these developments to have huge implications for investors.
Jim Cramer shares his take on callers' favorite stocks in the lightning round, including a beer, wine and liquor maker.
The ongoing legalization of marijuana in US states and its likely nationwide legalization in Canada will affect many of its rated entities, or has already, Moody's Investors Service says in a new report. US state and local governments are collecting sales and excise taxes, as well as licensing fees, on marijuana sales, while the legalization of marijuana represents both a challenge and an opportunity for alcoholic beverage, tobacco, consumer products and pharmaceutical companies. In the US, 29 states have legalized some form of marijuana use, while nine, plus the District of Columbia, allow recreational use, though the drug remains prohibited at the federal level.
The latest list of new buys by the best mutual funds highlights several potential breakout stocks, including Charles Schwab, Abiomed, UnitedHealth and Best Buy.
Constellation Brands (STZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Corona Extra®, the Official Import Beer of the Kentucky Derby presented by Woodford Reserve, has announced a custom offering by vineyard vines®, the Official Style of the Kentucky Derby. Earlier this year, Corona signed on as a sponsor of the Kentucky Derby over the next two years, when the race falls on Cinco de Mayo weekend. “Corona is a brand everybody knows and loves, so with the eyes on us as one of the official sponsors of the iconic race, we knew we had to do it right,” said John Alvarado, vice president of marketing for Corona Extra.
Jim Cramer sits down with Canopy Growth CEO Bruce Linton after his company applied to list its shares on the New York Stock Exchange.