Constellation Brands stock is well-positioned for market share gains in the upcoming fiscal year, with its strong beer business. The company is expected to expand its shelf space in supermarkets and convenience stores, while competitors like Bud Light face reductions. Analysts predict strong long-term beer volume growth for Constellation, which is not reflected in its current stock valuation. Recent scanner data from Nielsen also show a significant increase in beer sales.
Morgan Stanley expects Constellation to continue gaining market share during the upcoming period
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