STZ - Forget Boston Beer Constellation Brands Is a Better Growth Stock
The pandemic hasn't been kind to most alcoholic beverage companies . With the cancellation of concerts, sporting events, and in-person shows, demand for on-premises drinking has plummeted. These declines were only partly offset by soaring sales for at-home consumption.
There were two standout performers in this tough environment. Both Boston Beer (NYSE: SAM) and Constellation Brands (NYSE: STZ) managed solid sales growth as their portfolios outperformed big beer giants like Molson Coors and Anheuser Busch InBev . But if you're trying to choose between these two successful businesses today, Constellation Brands is the better growth stock. Here's why.
Image source: Getty Images.
For further details see:
Forget Boston Beer, Constellation Brands Is a Better Growth Stock