Near multiyear lows, Constellation Brands is a good value. Occidental Petroleum can be a cash cow, even at mediocre oil prices. Chevron, Kraft Heinz, and Coca-Cola have high dividend yields. Constellation Brands was hovering near a five-year low before recovering slightly on the news that Berkshire has bought a 3.
Alcohol producer Constellation Brands secured a nod from the the Oracle of Omaha. A recent SEC filing disclosed Warren Buffett's Berkshire Hathaway holds a 5.6 million share stake
Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."
Buffett initiated a new position in Constellation Brands during Q4. Analysts are generally upbeat about the stock with a price target reflecting an upside potential of nearly 40%. Constellation faces some uncertainties that could keep it from hitting Wall Street's price target,
That endorsement from Warren Buffett's Berkshire Hathaway can really help. Shares of Constellation Brands, which sells Modelo and Corona beer in the U.S., jumped Tuesday morning, after Berkshire [unve
Buffett may be the world's most well-known value investor -- an investor who buys a stock when it's trading below its intrinsic value, with the idea that the rest of the market will eventually recognize the company's strengths and hop on board. And that will push the stock higher, delivering gains to those who got it for a good price.
Warren Buffett is famous for backing strong consumer stocks like Coca-Cola (NYSE KO), but his latest investment indicates he may be on the verge of becoming a beer baron. Public filings show Buffett’s Berkshire Hathaway (NYSE BRK.
When you look at Warren Buffett's activities, it's easy to see he's a patient man who waits for big opportunity.
Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."