Constellation Brands (STZ) Showing Unusual Social Activity Today

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Constellation Brands ( STZ) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Constellation Brands as such a stock due to the following factors:

  • STZ has more that 20x the normal benchmarked social activity for this time of the day compared to its average of 2.26 mentions/day.
  • STZ has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $173.3 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

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More details on STZ:

Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. STZ has a PE ratio of 26.2. Currently there are 5 analysts that rate Constellation Brands a buy, 1 analyst rates it a sell, and 1 rates it a hold.

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