Constellation Brands (STZ) reports earnings Friday January 5th, 2018 before the bell.

It hasn’t missed earnings the past 3 years!

It beats EPS estimates by 14% on average.

The stock goes up 11% on average after reporting earnings.

Throughout the year, there are several days where people drink the most alcohol.

Out of the top 5 drinking days of the year, three of them happen in November and December:

* New Year’s Eve
* Christmas
* Drinksgiving (the day before Thanksgiving)

Constellation Brands’ stock has gone up 550% the past 5 years! That calls for a toast. Raise your glass for STZ.

There’s been a lot of paper in the January 2018 calls for STZ.

On December 27th, 4,226 of the January $230 calls were bought at $3.70. The buyer of these calls is looking for STZ to be at least $233 by January expiration to break even.

Earlier this year, Constellation Brands bought 9.9% of Canopy Growth. It’s a Canadian marijuana company. On January 1st, 2018, you will be able to buy marijuana legally for recreational use. California is the biggest marijuana market in the entire country.

» Subscribe to TwinsTalkStocks:

About TwinsTalkStocks: Join 9 year old twins, Devin Kalel and Ashay Jorel, as they talk about the stock market. Whether you want to save up for college, buy a new car, make a down payment on a house, save up for a vacation, or just make some extra money to pay some bills, Twins Talk Stocks can help you!


Leave a Reply

Your email address will not be published. Required fields are marked *