Sell: Constellation Brands (STZ)
From Martin’s Ultimate Portfolio
Updated from WSBI 781, May 18, 2016
We’ll put in orders to sell our shares in Constellation Brands (STZ) handing us a gain of 13.8%.
Reasons:
• Constellation’s shares have been on a tear since early February and recently broke above $160.
• A significant pullback could be right around the corner.
• In this volatile market, even the best companies can get caught in downdrafts.
Best to take profits now.
Martin D. Weiss, Martin’s Ultimate Portfolio, published by Money and Markets, a Division of Weiss Research, Inc., www.moneyandmarkets.com/services/trading-services/martinsultimate-portfolio; Email: issues@e.moneyandmarkets.com, 800-291- 8545, May 13, 2016