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REDDIT

What do you guys think of the beer industry?

Specifically looking at STZ. $22 billion market cap. Near 52 week lows.


They are the 3rd largest beer maker in the US, behind Inbev (BUD) and Molson/Coors (TAP). They do own limited wine and spirits brands as well (notably Robert Mondavi and 19 crimes wine, Svedka vodka, and High West whiskey).


Dividend is well covered and a little over 3%.

I do like the sector as a whole. Considering TAP as well, but think it could go a bit lower. Coors/Miller are staple brands. They also own stuff like Molson/Blue Moon, which are popular as well.