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Two weeks it delivered a report beat top and bottom lines, and yet the stock dove. Analysts downgraded. Sellers were fools. STZ is the only grower in the packaged goods space. Managers are conservative--STZ would rather spend money growing their product line like a tech stock, but analysts didn't like all this spending of this cash. STZ stock pulled back and is now up $3 before that pullback, recovering faster than he expected. STZ boasts growth opportunities with a 30% increase in capacity. STZ is spending big on their beers, and bars will reopen soon. Modelo beer is doing incredibly well, with demand outstripping supply. They launched Corona Hard Seltzer is another strong seller. Pacifico beer is a hit with growing Gen Z at 30% even during Covid. STZ has a stake in Canopy Growth and cannabis is being legalized in more and more US states. He predicts Canopy to be profitable in 2022, which will benefit STZ. The market underestimates this partnership. The next time this stock dips, pounce on it.
Two weeks it delivered a report beat top and bottom lines, and yet the stock dove. Analysts downgraded. Sellers were fools. STZ is the only grower in the packaged goods space. Managers are conservative--STZ would rather spend money growing their product line like a tech stock, but analysts didn't like all this spending of this cash. STZ stock pulled back and is now up $3 before that pullback, recovering faster than he expected. STZ boasts growth opportunities with a 30% increase in capacity. STZ is spending big on their beers, and bars will reopen soon. Modelo beer is doing incredibly well, with demand outstripping supply. They launched Corona Hard Seltzer is another strong seller. Pacifico beer is a hit with growing Gen Z at 30% even during Covid. STZ has a stake in Canopy Growth and cannabis is being legalized in more and more US states. He predicts Canopy to be profitable in 2022, which will benefit STZ. The market underestimates this partnership. The next time this stock dips, pounce on it.
Yes, SPACs have been murdered lately and are out of fashion, but he's excited by AGC merging with Grab for $40-billion. Grab is the leader super app platform in southeast Asia. Grab is not a typical EV start-up but a real company, a combination of Doordash, Lyft and PayPal with a big presence in Indonesia, Singapore, Malaysia, Thailand, the Phillippines and Vietnam, one of the fastest-growing regions in the world. Pounce on this when it dips. $11.50 or $10 is attractive, and he wouldn't be surprised if it fell into single digits. It's a rapidly growing company with real services. The lock-up period is a long three years.
Yes, SPACs have been murdered lately and are out of fashion, but he's excited by AGC merging with Grab for $40-billion. Grab is the leader super app platform in southeast Asia. Grab is not a typical EV start-up but a real company, a combination of Doordash, Lyft and PayPal with a big presence in Indonesia, Singapore, Malaysia, Thailand, the Phillippines and Vietnam, one of the fastest-growing regions in the world. Pounce on this when it dips. $11.50 or $10 is attractive, and he wouldn't be surprised if it fell into single digits. It's a rapidly growing company with real services. The lock-up period is a long three years.
Is up 3268% in the past year, 772% YTD and 6% today. And yet the company rewarded their CEO Sherman by ousting the him. True, this move had to do with activist investor Ryan Cohen instead who'll be chairman; he plans to digitize this brick and mortar company, but details? What is he planning? It's vague, though younger investors have faith in him. He suggests he turns their 5,000 stores into Bitcoin banks then set up e-gaming palaces in shopping malls where winners are paid in cryptos. Mind you, a recent report from Goldman Sachs notes that younger retail investors are trading less sharply from August 2020.
Is up 3268% in the past year, 772% YTD and 6% today. And yet the company rewarded their CEO Sherman by ousting the him. True, this move had to do with activist investor Ryan Cohen instead who'll be chairman; he plans to digitize this brick and mortar company, but details? What is he planning? It's vague, though younger investors have faith in him. He suggests he turns their 5,000 stores into Bitcoin banks then set up e-gaming palaces in shopping malls where winners are paid in cryptos. Mind you, a recent report from Goldman Sachs notes that younger retail investors are trading less sharply from August 2020.
