Is Constellation Brands the Coca-Cola of Adult Drinks?

Over the last century, Coca-Cola(NYSE:KO) has built an iconic beverage brand. Its logo is ubiquitous, and the stock has been a consistent performer for decades. Over time, the company has added brands to its portfolio like Coca-Cola Life (sweetened partially with stevia) and SmartWater to adapt to rising consumer demand for healthier beverages.
Building a successful and omnipresent brand is rare. Coca-Cola has been able to do so across the non-alcoholic beverage category, but in the alcohol ind…

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