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bgpipper

02/21/19 6:23 PM

#280 RE: nowwhat2 #279

Actually, I bought a ton more today at $165 ...

Was that a bad move? STZ’s P/E is a little over 10 ... AB Inbev is 22 ... STZ pays a $.74 dividend ... STZ plans to return $4.5 billion in the next couple years. STZ’s transcript to CAGNY was interesting. I thought it was positive. STZ stated that Canopy will cost them $.10 per share next year. Thus the $5 downdraft. Also said CGC will not be profitable until 2021. I am a long term accumulator of STZ. If it doubles from here at some point, I may sell some ... but my plan in to hold longer term and enjoy the dividend. Love their beer products. Love their investment in Canopy. My divvy stocks pay me a handsome amount, and yes I was lucky to have invested in TWMJF. In my profession, we have a cliche - I would rather be lucky than good - and yea, I am lucky -