Does Constellation Brands Have What It Takes to Weather the Downturn?
With consumers on edge from the novel coronavirus and uncertainty pervading the economy, it's good to invest in companies whose businesses look to be more stable through the ongoing pandemic and an economic slowdown.
Some consumer staples companies fare better in a downturn, especially those with a history of stability in past recessions. Constellation Brands (NYSE: STZ), with its stable of popular beer and spirit brands, including Modelo beer and Svedka vodka, may be a business that can weather tough times.
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Source Fool.com
