Warren Buffett just invested $1.24 billion in Constellation Brands (STZ) by buying 5.62 million shares in late 2024, making his Berkshire Hathaway (BRK.B) the sixth-largest holder of Constellation stock.

Berkshire Hathaway has been building up its cash position to its highest-ever levels over the past two years, and that sends some clear messages about what Buffett's thinking about the market. Combined with his net sales of stocks, he seems to think there aren't so many great deals to be had in the market.

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Constellation Brands (NYSE: STZ) seems like a classic Warren Buffett buy. It has well-known brands with staying power and solid long-term demand, and the recent panic selling of the stock is a great time for some opportunistic buying.

Constellation Brands experienced a 28% price drop last year due to disappointing performance, reduced outlook, and missed revenue and earnings projections. Learn more on STZ stock here.

Shares of Constellation Brands (STZ) are up 7% on news that legendary investor Warren Buffett has opened a new position in the alcoholic drink

Warren Buffett’s Berkshire Hathaway on Friday disclosed a new investment in alcoholic beverages producer Constellation Brands, and said it has reduced its holdings in four banks, including ...

Warren Buffett's Berkshire Hathaway entered a new position in beer and spirits-maker Constellation Brands in the fourth quarter of 2024, while trimming several stakes and exiting Ulta Beauty.