Constellation Brands (STZ) Rebounded On Earnings, Is It Still A Bargain?

Constellation Brands (STZ) moved back into focus after reporting second quarter results and reaffirming its dividend. Earnings, sales and cash returns all landed on the same day, giving investors fresh numbers to reassess the stock. Constellation Brands has enjoyed a sharp short-term rebound, with a 1-day share price return of 4.43% and a 7-day gain of 9.42%. However, the 90-day share price return declined 7.78% and the 1-year total shareholder return fell 11%, pointing to improving momentum...