This week, the indexes dipped and ended lower...Don't get spooked! Let's continue to remain patient, consistent and disciplined 😊.
Here's a look at the 5-day change for ETF's SPY (or the S&P 500), DIA (or the Dow 30), and QQQ (or the Nasdaq 100).
SPY : -1.93%, closed at $434.24
DIA : -1.46%, closed at $343.18
QQQ : -2.7%, closed at $360.18
Merck (MRK), a pharmaceutical company, has introduced an anti-viral medication that could combat covid-19 and potentially save many lives. MRK is now currently seeking authorization from the FDA for this anti-viral drug called, "Molnupiravir".
Victoria Secret introduced a bra for people with mastectomies in support of breast cancer awareness 😊🙏.
Pumpkin Spice 🎃
Starbucks (SBUX) increased their dividends! Buying SBUX stock 📈 > Buying SBUX latte ☕️.
Here's earnings for the upcoming week:
Constellation Brands (STZ): 2021-10-06 Before Market Open (Estimated EPS: 2.82).
PepsiCo Inc (PEP): 2021-10-05 Before Market Open (Estimated EPS: 1.73).
Constellation Brands, Inc (STZ)
STZ is a producer and marketer of beer, wine and spirits. This company imports beverages internationally and makes money off of the sale and distribution of alcohol. The alcohol business is a huge market with high demands. Therefore, there is much money to be made in this industry. Services from a company like STZ can be extremely valuable to many merchants. So does this mean that investing in this company is worth a shot 🥃? Let's take a look at their fundamentals!
2021-02-28 : $8.61B
2020-02-29 : $8.34B
2019-02-28 : $8.12B
2018-02-28 : $7.59B
2017-02-28 : $7.33B
2021-06-30 : miss (Estimate: 2.34, Actual: 2.33)
2021-04-08 : beat (Estimate: 1.55, Actual: 1.82)
2021-01-07 : beat (Estimate: 2.39, Actual: 3.09)
2020-10-01 : beat (Estimate: 2.51, Actual: 2.76)
Historical Stock Price Returns:
3-month : -7.89%
1-year : 11.76%
5-year : 28.25%
Constellation Brands, Inc (STZ) Max Chart (Yahoo Finance)
We can see that STZ had a great upwards trend, but has since experienced some volatility and has trended sideways for the past 3 years. STZ missed their most recent earnings, but they've beat 9/10 of their last earnings. STZ has also had consistent increasing annual top-line revenue. Although this company has had increasing annual top-line revenue, which is one of our primary criteria to invest in a company, we would also like to see a strong, consistent upwards trend over time. If you would like to learn more, join our level 1 and 2 courses to learn how we utilize the wheel strategy to make money during neutral markets and how we trade LEAPs to take advantage of bull markets!
Who Competes with STZ?
A few of STZ's competitors include General Mills, Inc. (GIS), Archer-Daniels-Midland Company (ADM) and Brown-Forman Corporation (BF-A).
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- Call to Leap Team