$Constellation Brands (STZ.US)$The earnings miss is not that dramatic, revenue missed by 2.8%. Can try for a round to 194 if it shoots to low 170s. This chart is telling of a consumer discretionary company. Fast growth and penetration of Mexican beers in the last decade, saturation of the growth after the pandemic. A growth stock has transitioned to a value/staple stock, with a P/E in the middle teen range now. Over 5% of free cash flow is somewhat attractive, although with 10 billion of debt.
After the better-than-expected jobs report was released, the Dow was off more than 600 points in Friday. DAL and WBA earnings came in hot, leading to some climbers where it mattered, but overall, markets were down for the day and the week. After the 4 pm ET close, the$S&P 500 Index (.SPX.US)$was down 1.54%, the$Dow Jones Industrial Average (.DJI.US)$fell 1.63%, and the$Nasdaq Composite Index (.IXIC.US)$fell 1.63%. Click here for more moomoo produced news!! MACRO In ...
Kevin Matte
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I bought this week Homebuilders and Real Estate ETF's (leveraged). Some say that because of the fires in California companies will make money and move stocks... Personally I don't believe it and I didn't buy at all because of that, it's for the Technical Analysis on the charts and the bullish signals!
Buy Out Wallstreet
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I love when good economic data drives stocks lower. I can't wait until Wall Street stops trying to predict things and deals with the status quo. They get the job numbers wrong every single time for 4 years straight.
Good question. Aside from the all-week technology shindig in Vegas, this is December Jobs Week. While markets will take a day off to observe the National Day of Mourning for President Carter on Thursday, and that will move the weekly data on jobless claims up to Wednesday, the release of the two BLS surveys remains unimpacted on Friday morning. Right now, I am looking for Non-Farm Payroll growth of 152K seasonally adjusted jobs with participation rising, unemployment staying put at ...
Dan’l
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Maybe the FOMC finally figured out that “a day late and a dollar short” wasn’t meant to be economic policy, and what they do/say affects markets?
So much for the Santa rally. The market closed higher on Friday, but it was not enough to overcome the past five sessions of declines. Just after 4 pm ET, the$S&P 500 Index (.SPX.US)$closed very close to the point value it needed to stay positive, but the Grinch came and stole the Christmas rally this year. The S&P 500 closed up 1.26%. The$Nasdaq Composite Index (.IXIC.US)$closed up 1.77%, and the$Dow Jones Industrial Average (.DJI.US)$closed...
$Constellation Brands (STZ.US)$is scheduled to report their fiscal Q2 results on 03 October 2024 before the market open, a solid results is expected which is supported by strong "beer fundamentals. The fiscal 2025 guidance is also expected to be affirmed. Though the beer depletions for the quarter are expected to be at roughly 4%, it is consistent with its quarterly channel checks. Constellation expects sustained...
Morning Movers Gapping up $Paramount Global-B (PARA.US)$'s stock surged 14.9% after reports emerged of National Amusements reaching a preliminary agreement to sell a controlling interest in the movie studio to Skydance Media led by David Ellison. $Eli Lilly and Co (LLY.US)$'s stock experienced a 0.2% uptick following the FDA's approval of its Alzheimer's drug, offering new treatment avenues for the degenerative brain conditio...
Next week,$MSC Industrial Direct (MSM.US)$and$Constellation Brands (STZ.US)$are the two companies scheduled to announce their earnings, and we will receive multiple important labor market updates. Earnings Preview The market anticipates that$MSC Industrial Direct (MSM.US)$will announce a decrease in earnings compared to the previous year, along with a reduction in revenues, when it discloses its fina...
Next week,$MSC Industrial Direct (MSM.US)$) and$Constellation Brands (STZ.US)$are the two companies scheduled to announce their earnings, and we will receive multiple important labor market updates. Earnings Preview The market anticipates that$MSC Industrial Direct (MSM.US)$will announce a decrease in earnings compared to the previous year, along with a reduction in revenues, when it discloses its financial outcom...
Constellation Brands Stock Forum
This chart is telling of a consumer discretionary company. Fast growth and penetration of Mexican beers in the last decade, saturation of the growth after the pandemic. A growth stock has transitioned to a value/staple stock, with a P/E in the middle teen range now. Over 5% of free cash flow is somewhat attractive, although with 10 billion of debt.
After the 4 pm ET close, the $S&P 500 Index (.SPX.US)$ was down 1.54%, the $Dow Jones Industrial Average (.DJI.US)$ fell 1.63%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 1.63%.
Click here for more moomoo produced news!!
MACRO
In ...
Just after 4 pm ET, the $S&P 500 Index (.SPX.US)$ closed very close to the point value it needed to stay positive, but the Grinch came and stole the Christmas rally this year.
The S&P 500 closed up 1.26%. The $Nasdaq Composite Index (.IXIC.US)$ closed up 1.77%, and the $Dow Jones Industrial Average (.DJI.US)$ closed...
The fiscal 2025 guidance is also expected to be affirmed. Though the beer depletions for the quarter are expected to be at roughly 4%, it is consistent with its quarterly channel checks. Constellation expects sustained...
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Gapping up
$Paramount Global-B (PARA.US)$ 's stock surged 14.9% after reports emerged of National Amusements reaching a preliminary agreement to sell a controlling interest in the movie studio to Skydance Media led by David Ellison.
$Eli Lilly and Co (LLY.US)$ 's stock experienced a 0.2% uptick following the FDA's approval of its Alzheimer's drug, offering new treatment avenues for the degenerative brain conditio...
Earnings Preview
The market anticipates that $MSC Industrial Direct (MSM.US)$ will announce a decrease in earnings compared to the previous year, along with a reduction in revenues, when it discloses its fina...
Earnings Preview
The market anticipates that $MSC Industrial Direct (MSM.US)$ will announce a decrease in earnings compared to the previous year, along with a reduction in revenues, when it discloses its financial outcom...
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