Near multiyear lows, Constellation Brands is a good value. Occidental Petroleum can be a cash cow, even at mediocre oil prices. Chevron, Kraft Heinz, and Coca-Cola have high dividend yields. Constellation Brands was hovering near a five-year low before recovering slightly on the news that Berkshire has bought a 3.

Alcohol producer Constellation Brands secured a nod from the the Oracle of Omaha. A recent SEC filing disclosed Warren Buffett's Berkshire Hathaway holds a 5.6 million share stake

Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."

Buffett initiated a new position in Constellation Brands during Q4. Analysts are generally upbeat about the stock with a price target reflecting an upside potential of nearly 40%. Constellation faces some uncertainties that could keep it from hitting Wall Street's price target,

The S&P 500 has soared in the double digits over the past two years as investors have piled into growth stocks and bet on their successes in a lower interest rate environment. Growth companies generally outperform when they can more easily borrow to develop and expand,

Warren Buffett is famous for backing strong consumer stocks like Coca-Cola (NYSE KO), but his latest investment indicates he may be on the verge of becoming a beer baron. Public filings show Buffett’s Berkshire Hathaway (NYSE BRK.

When you look at Warren Buffett's activities, it's easy to see he's a patient man who waits for big opportunity.

Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."