Hedgeye CEO Keith McCullough is adding Constellation Brands (STZ) to the long side of Investing Ideas. Below is a brief note.
At VIX 30 or higher, levered long TQQQ & JETS bulls who bought what was not a dip #drink...
Long Constellation Brands (STZ) is a good way to be long of alcohol consumption #accelerating. The rising probability of #Quad4 in Q4 is definitely going to drive some perma Old Wall bulls to the bottle.
Remember, from a risk management perspective, you get to buy your fav longs when SPY is probing the low-end of its @Hedgeye Risk Range (like it is right now),
KM
