As a beginner investor, the world of stock market investing can feel overwhelming. But fear not, there are strategies you can use to build a successful portfolio, starting with identifying stocks that are poised to outperform the market. One such stock to keep an eye on is Constellation Brands (STZ).
Constellation Brands, a company with a rich history in producing and marketing beer, wine, and spirits, has established itself as a major player in the industry. With a strong portfolio of well-known brands like Corona and Robert Mondavi, Constellation Brands has consistently delivered solid returns for investors.
In recent years, Constellation Brands has seen significant growth in its stock price, with shares increasing by over 50% since being added to the Zacks Focus List. Analysts have also revised their earnings estimates upwards for the company, pointing to a positive outlook for future growth.
By investing in companies like Constellation Brands that have a track record of exceeding earnings expectations, investors can position themselves to benefit from potential price momentum. So, if you’re looking to build a successful investment portfolio, Constellation Brands might just be the right addition for you.