Analyst Says Trump Tariffs are Here to Stay and Recommends This ‘Neglected’ Cheap Stock

Bill Stone, Glenview Trust Company chief investment officer, recently said while talking to CNBC that he believes tariffs are here to stay and investors should focus on stocks that have been “neglected” or “overlooked” so far. Constellation Brands Inc (NYSE:STZ) is one of the stocks Stone is recommending:

“One is Constellation Brands. The good news about that is alcohol consumption does not tend to fall during economic downturns. There are some short-term headwinds with them. You know, they’re having issue—their primary money maker is Mexican beer. So think, you know, Modelo, Corona. It’s having a little tough comp comparisons versus the previous year. And I’ll just say too the valuation is extremely attractive. Roughly about the cheap as this stock has been since Constellation acquired those brands. And you’re in good company because Berkshire Hathaway has been buying quite a bit of the stock.”

Photo by Chris Liverani on Unsplash

Oakmark Fund stated the following regarding Constellation Brands, Inc. (NYSE:STZ) in its Q1 2025 investor letter:

“Constellation Brands, Inc. (NYSE:STZ) is the leading imported beer company in the U.S. The company has a strong portfolio made up of iconic premium beer brands such as Modelo, Corona and Pacifico. We like that Constellation’s beer segment has consistently outgrown the industry and believe it can further benefit from demographic tailwinds, new distribution points, and future price increases. More recently, the stock price has come under pressure due to both stock specific and industry-wide challenges, some of which we believe will prove transitory. Despite the company’s strong historical performance and expectations for continued above-market beer growth, Constellation trades at a meaningful discount to other consumer packaged goods companies with similar growth outlooks. This dislocation afforded us the opportunity to initiate a position in the company at a significant discount to our estimate of intrinsic value.”

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Disclosure: None. This article is originally published at Insider Monkey.