Constellation Brands Stock Hasn't Been Trading This Low Since 2020. Is Now the Time to Buy?

The beer business is usually a good business to be in. I used to work for a brewery and was amazed when I saw the company's financials looking as strong as they were, especially given how unimpressive the management team was. It was then I realized products can sell themselves, regardless of how good or bad management is. Billionaire investor Warren Buffett once said: "I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."The beer business can be wonderful as long as the brands and products are good. But things haven't been wonderful of late for Constellation Brands (NYSE: STZ), a company that Buffett's Berkshire Hathaway holds a position in. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool