Reported 1 day ago
Warren Buffett's Berkshire Hathaway has significantly increased its stake in Constellation Brands, a company facing challenges in the alcohol sector, with stock performance lagging behind the market. Despite recent struggles, Buffett may see intrinsic value in the brand's iconic products and growth potential in non-alcoholic beverages. This strategic move has investors speculating if Buffett knows something that the broader market has overlooked.
Source: YAHOO