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0.00178037316621564 -0.000213644779945885 -0.00420168067226893 -0.00299102691924239 0.00207662726107384 -0.00156672838626975 -0.00288420452926934 0.000640934339837452
Stock impact report

Goldman Sachs: 3 Beverage Stocks to Stock Up on Now [Yahoo! Finance News]

Constellation Brands, Inc. (STZ) 
Last constellation brands, inc. earnings: 4/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
“To say the world has completely changed over the last 1-2 months in the wake of the COVID-19 pandemic is an understatement,” says Goldman Sachs’Bonnie HerzogHerzog has been assessing the current health of the beverage and tobacco sector, and in addition to the “unprecedented uncertainty” regarding the broader economy, is worried of other possible developments.“We are also concerned about the ripple effect on broader consumer demand as concerns about health considerations & social distancing give way to the long-term effects on the job market, wages, consumer behavior & consumer spending,” Herzog said.Having said that, the analyst identifies a number of names in the beverage sector that are well setup to outperform as the year progresses.We ran three of Goldman Sachs' top picks throughTipRanks’ databaseBoston Beer Company SAM)Let’s start off with one of 2020’s sturdier performers in the face of COVID-19. Although the Boston Beer Company’s share price is down by 5% year-to-date, it has Show less Read more
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