Top 5 Stock Picks of Brian Scudieri’s Kehrs Ridge Capital

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

Kehrs Ridge Capital’s Stake Value: $22,122,000

Percentage of Kehrs Ridge Capital’s 13 Portfolio: 7.14%

Number of Hedge Fund Holders: 50

Constellation Brands, Inc. (NYSE:STZ) is an American producer of beer, wine, and spirits, being one of the leading US beer suppliers and exporters. Constellation Brands, Inc. (NYSE:STZ) operates more than 40 production facilities, and has a product portfolio consisting of more than 100 brands of different alcoholic beverages. 

Brian Scudieri’s Kehrs Ridge Capital owns 105,000 shares in Constellation Brands, Inc. (NYSE:STZ), as of the third quarter, worth $22.1 million, representing 7.14% of the firm’s portfolio. At the end of June, 50 hedge funds were long Constellation Brands, Inc. (NYSE:STZ), with a total stake value of $1.6 billion. 

On October 13, HSBC analyst Carlos Laboy upgraded Constellation Brands, Inc. (NYSE:STZ) to Buy from Hold with a $262 price target.