A Triple Play of Double-Digit Percentage Gainers and a New Play on Wine and Spirits

You’ve booked a number of solid double-digit-percentage gains in your Momentum Trader Alert portfolio recently, including three just in the last week.

This week’s Momentum Trader Alert identifies yet another stock with solid momentum and excellent potential upside. Founded in 1945 and headquartered in Victor, New York, Constellation Brands, Inc. (STZ) produces, imports and markets beer, wine and spirits in the United States, Canada, Mexico, New Zealand and Italy.

Among many other well-known labels, Constellation offers beer under the Corona Extra, Corona Light and Pacifico brands; wine under the Clos du Bois, Robert Mondavi and Ruffino brands; and spirits under Black Velvet Canadian whisky brands.

Constellation Brands Inc. (STZ) versus the S&P 500 Year to Date

Momentum Trader Alert Analysis

Recommendation

Buy Constellation Brands Inc. (STZ) at market today and place your stop at $166.

If you want to play the options, I recommend the July $180 calls (STZ170721C00180000), which last traded at $6.20 and expire on July 21.

Portfolio Update

Three of your positions hit their tightened stops over the past week, and you booked some solid double-digit-percentage gains.

Healthcare Services Group, Inc. (HCSG) stopped out on May 3 at $45.45 for a 10.13% gain.

CoreSite Realty Corporation (COR) stopped out on May 4 at $95.75 for a 10.94% gain.

Take-Two Interactive Software, Inc. (TTWO) stopped out on May 4 at $63.85 for a 10.03% gain.

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.  

Recent Posts

Seven Tips to Day-Trade with a Signal

Seven tips to day-trade with a signal can put people on a profitable path if…

22 hours ago

Markets Embrace Hope of Second-Half Rate Cuts

Over the past two weeks, investors have been on the receiving end of several key…

2 days ago

Could Inflation Become Permanent?

Do you know what inflation and the recent college protests have in common? They’re the…

2 days ago

The Difference Between SPX and SPY – Options Trading

When looking to invest in the S&P 500, SPX and SPY options are similar assets…

6 days ago

Index Options – Explained and Simplified

An index option is a contract that gives the buyer the right, but not the…

6 days ago

The Most Hated Adage on Wall Street

“There’s more wisdom in your book than four years of college education!” -- Subscriber Back…

6 days ago