Alcohol producer Constellation Brands secured a nod from the the Oracle of Omaha. A recent SEC filing disclosed Warren Buffett's Berkshire Hathaway holds a 5.6 million share stake

Constellation Brands shares are jumping nearly 9% after it was revealed late Friday that Warren Buffett's Berkshire Hathaway had built [a 5.6 million stock stake](

Warren Buffett's Berkshire Hathaway acquired a $1.24 billion stake in alcoholic beverage producer Constellation Brands. Check out the analysis of STZ stock here.

Key Takeaways Constellation Brands shares traded sharply higher in premarket trading Tuesday after Warren Buffett's Berkshire Hathaway disclosed a new investment in the beer and spirits maker. The stock looks set to break out above the upper trendline of a falling wedge pattern in Tuesday’s trading session,

Constellation Brands (NYSE:STZ) rallied on Monday after Warren Buffett's Berkshire Hathaway acquired a $1.24 billion stake in the company. This investment consists o

Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."

That endorsement from Warren Buffett's Berkshire Hathaway can really help. Shares of Constellation Brands, which sells Modelo and Corona beer in the U.S., jumped Tuesday morning, after Berkshire [unve

Warren Buffett's Berkshire Hathaway acquired a $1.24 billion stake in alcoholic beverage producer Constellation Brands. Check out the analysis of STZ stock here.

Alcohol producer Constellation Brands secured a nod from the the Oracle of Omaha. A recent SEC filing disclosed Warren Buffett's Berkshire Hathaway (BRK-B) holds a 5.6 million share stake in Constellation Brands (STZ) as of the end of 2024.

Berkshire added to its position in Occidental Petroleum in the fourth quarter, boosting its stake to 28.8%. Occidental Petroleum is an exploration and production (E&P) company, with concentrated acreage in the Permian Basin of west Texas and eastern New Mexico. The company also has a chemical business and a growing carbon-capture arm.

Warren Buffett didn't see a lot to like in the stock market in 2024. The head of Berkshire Hathaway sold over $134 billion worth of equities from the holding company's portfolio last year. The fourth quarter saw massive sales of bank stocks,

Constellation Brands experienced a 28% price drop last year due to disappointing performance, reduced outlook, and missed revenue and earnings projections. Learn more on STZ stock here.