$STZ.... Wow, did this thing get clobbered on Friday, down 17% on earnings that wasn't all bad, tbh.

Rev Flat, Net Inc + 23%

It's really lowered guidance and the mess of sorting through the impact of the divestiture that has everyone in a tizzy. At this point, it's trading about 13x next year (excluding the 1x charges of the divestiture). 

Now, typically $STZ doesn't go on sale very often. Many moons ago, I bought this in late 2000 when it was restrategizing and in many ways it's kinda doing that now, some quarter century later.

Over the last year they've been selling off wine, but what spooked folks was that beer - despite share gains - is showing sluggishness. Original expectations were 4-8% and they are bringing that in a bit.

IDK that I'm ready to pick this one up. There are a lot of weak arguments related to cannibus and no understanding that beer includes things like white claw. 

Nor do that bad arguments realize that it's easy enough for $STZ to add a cannibus drink. Thier deal is really the massive distribution they have. Folks still have to drink something and they aren't choosing soda or water as a substitute.

Again, IDK. It's such a weird market. I'm likely to just watch on the sidelines until post-inauguration/Chinese NY.