Video description
WATCH at 14.8x earnings STZ remains a WATCH. The beer franchise is clearly high quality and likely the source of most intrinsic value, but Buffett-style risk comes from the whole business, not just the best asset. At $142, ~14.8x earnings, and ~7.3% FCF yield, valuation is interesting enough to prevent an AVOID, yet not cheap enough to overcome slowing growth, weaker wine/spirits assets, and uncertain total-company quality. The best action is active monitoring or a very small starter only for t
