3 Beverage Stocks to Buy Now, According to Goldman Sachs

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

3 beverage stocks to buy now, according to Goldman Sachs:

While the tech selloff has dominated headlines, growth stocks of all kinds have taken a beating lately. That’s a buying opportunity in the beverage space, Goldman Sachs says.

She has a $275 price target on Constellation Brands, which she also added to the firm’s Conviction Buy List last month. The market is under appreciating momentum in the company’s Modelo brand, as well as its ability to quickly scale its Corona Hard Seltzer as it doubles capacity this year, she says. As for Boston Beer, the company’s first-mover advantage in the hard seltzer category—“one of the few big growth opportunities in alcoholic beverages”—is both “sustainable and broadly defensible,” even with new competition, Herzog writes. The company’s Truly brand looks poised to capture much of the hard seltzer category’s strong momentum this year, she adds.

Herzog has a $107 price target on Monster stock. The company has seen strong sales trends year to date, and sales could ultimately climb more than 20% for the first quarter as a whole—a possibility that the stock doesn’t seem to be reflecting, she writes.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

blah crypto is better

Do you think this is what people really need right now?

I'm a fan of $STZ

日本 最新ニュース, 日本 見出し