5 Best FMCG Stocks To Buy Now

3. Constellation Brands Inc. (NYSE:STZ)

• Investors with Long Positions (as of June 30): 62
• Aggregate Value of Investors’ Holdings (as of June 30): $4.13 Billion
• Percentage of Shares Owned by Investors: 18.30%

Constellation Brands Inc. (NYSE:STZ) is the first, but not the last alcohol producer to make our list. Investor sentiment in the stock was relatively flat during the second quarter, alongside a similarly flat stock. However, hedge funds owned an impressive 18.30% of the company’s stock, and that has paid off in the third quarter with the stock putting up gains of over 10% despite suffering like most other stocks during the August market correction. A prolific wine producer which also claims dominion over the popular beer brand Corona and the whiskey brand Black Velvet, among others, Constellation Brands Inc. (NYSE:STZ) is a favorite stock of WCG Management. Other investors with large positions include Michael Lowenstein’s Kensico Capital, and Boykin Curry’s Eagle Capital Management.