5 Best Wine Stocks to Buy Now

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1. Constellation Brands, Inc. (NYSE:STZ)

Number of Hedge Fund Holders: 50    

Constellation Brands, Inc. (NYSE:STZ) is a New York-based firm which markets several alcoholic products such as beer, wine, and spirits. On January 8, Truist analyst William Chappell maintained a Hold rating on Constellation Brands, Inc. (NYSE:STZ) stock and lowered the price target to $250 from $260. 

At the end of the third quarter of 2023, 50 hedge funds in the database of Insider Monkey held stakes worth $1.9 billion in Constellation Brands, Inc. (NYSE:STZ), compared to 48 in the previous quarter worth $1.3 billion. 

You can also take a peek at 13 Most Promising Low-Cost Stocks According to Analysts and 11 Best Shipping Stocks That Pay Dividends.

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