|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||62.22 - 62.45|
|52-week range||48.90 - 70.60|
|Beta (5Y monthly)||0.93|
|PE ratio (TTM)||0.13|
|Earnings date||19 Feb 2024 - 23 Feb 2024|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
FEMSA (FMX) is well-placed for growth through investments in digital and technology-driven initiatives, and continued strength in OXXO Mexico and OXXO Gas.
TD Cowen names alcohol producer Constellation Brands (STZ) as the company with the best growth story in US beer as sales of Modelo surged in 2023. TD Cowen Managing Director and Senior Research Analyst Vivien Azer joins Yahoo Finance Live to break down the current state of beer and wine consumption in the US Azer notes the decline in beer consumption and credits “intentional abstinence” by younger age groups that appear to be shifting to cannabis consumption, an industry that has seen revenue of $26 Billion. Azer sees this trend as a "dislocation" from alcohol to cannabis, which is making a dent in the alcohol market. Speaking to M&A activity, Azer notes a "reversal" for craft beer acquisitions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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