STZ

Constellation Brands Inc

Earnings

Constellation Brand’s Earnings Report Shows Why It’s the Perfect Time to Buy

Constellation Brands Inc. (NYSE: STZ) has grown 20% in the last six months, and Wall Street projects it will grow another 46% with a high target of $288.

That’ll register as 66% growth for 2019.

But there’s plenty of reason to believe this projection is not generous enough.

Wall Street has shown, on multiple occasions, that it does not fully appreciate the growth potential of Constellation Brands.

Read more here...

Stocks

The "Marijuana Mecca of the Midwest": What Everyone Should Know About Legalization in Illinois

Stocks are caught up in a storm of fear right now, although that may be abating somewhat. But plenty of otherwise great companies with little to nothing to do with the trade wars are getting caught up in the selling.

Pot stocks are a great example. The truth is cannabis companies aren't really exposed to global trade conflicts, but they've been sliding along with most other shares.

Nevertheless, even knowing the facts – that the marijuana firms we're buying are fundamentally sound – I know times like these make it difficult to hang tough and be patient.

After all, as the events of this week prove, things are unfolding in the cannabis market exactly as they should…

… particularly on the legalization front.

The announcement that Illinois – the sixth most populous state in the Union – has taken cannabis fully legal should come as no surprise to us. But it's still a huge development for the cause of legalization – and, for our purposes here, the quality cannabis stocks we own.

Let me tell you what it's all about...

Marijuana Industry

Trump's New Drug Price Rule Is a Boon to Cannabis Stocks

The U.S. Department of Health & Human Services (HHS) just finalized its rules requiring pharmaceutical companies to list drug prices in their TV ads this summer.

It's a huge catalyst for cannabis stocks going toe to toe with Big Pharma.

One cannabis stock in particular is already expecting more than 200% sales growth this year, but its gains from this new executive order could be unheard of.

Read more here...

Trading Strategies

Let the Good Times Roll with This Must-Own Blue-Chip Pot Stock

The high-flying cannabis sector is full of insurgent micro caps, mid caps with prospects running the gamut from poor to excellent, and an assortment of big caps with an appetite for acquisition, driving a lucrative, "full-speed ahead" consolidation trend.

Last week, I showed you exactly how to read these firms' earnings reports, to find the very best of everything the legal weed sector has on offer. (Of course, you could always click here and learn how to access our restricted research; let us do the legwork.)

But there's another, even bigger weight class in the business – one where it still pays to heed the traditional metrics, the "old school" rules of valuation…

Call them the "green blue chips," big companies with a presence outside the sector, but which boast management with the vision to see the truckloads of profits possible in cannabis.

I've done the research to pick one of the very best of these firms to recommend to you today: a big, rich player that's only going to get bigger and richer.

It'll do the same for you.

If there's only one cannabis company you own all the way through your retirement, THIS is it...