This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Make Money With Your Favorite Fourth of July Beverage

NEW YORK ( TheStreet) -- When my wife and I raised our two sons on Long Island, first in Greenlawn then in Munsey Park, it was our legacy to host a Fourth of July pool party. Our guests were mostly my wife's relatives, and over the years you knew the most popular alcoholic beverages among the adults and among the cousins as they became old enough to drink.

The alcoholic beverage industry is in the consumer staples sector as most folks will maintain an inventory of their favorite brews, wines and spirits regardless of economic times. The consumer staples sector is 17.0% overvalued with the alcoholic beverage industry 7.8% overvalued.

On Tuesday in Sector Ratings Set Asset Allocations I gave the consumer staples sector an overweight rating and today I provide buy-and-trade profiles for seven stocks in the beverage industry.

On Tuesday, morning one of my choices Constellation Brands (STZ - Get Report) reported quarterly earnings. The company missed on both the EPS and revenue lines. The producer of wine, bear and spirits traded lower pre-market. After a down day on Tuesday this stock was upgraded to buy this morning.

Also on Tuesday, Molson Coors (TAP - Get Report) was upgraded to buy from hold according to ValuEngine.

Among the seven beverage stocks three are undervalued and four are overvalued. Four have buy ratings and three have hold ratings. The biggest gainer over the last 12 months is Constellation Brands up 89.4%. Projected 12 month gains are up 5.1% to 9.7%. The 12 month trailing price-to-earnings ratios appear elevated with five of eight having P/E between 21.6 and 84.2.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ABV $0.00 0.00%
BUD $125.21 1.76%
SAM $154.44 1.27%
TAP $98.47 0.31%
STZ $159.19 0.23%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs