THE DAY, IN CONTEXTPolaris InsightsAn AI-powered comprehensive news portal

POLARIS INSIGHTS

Clorox, General Mills, and Constellation Brands Are Down Between 22% and 33%. Here's the Stock to Buy, Even if the Fed Keeps Hiking Interest Rates

Clorox, General Mills, and Constellation Brands Are Down Between 22% and 33%. Here's the Stock to Buy, Even if the Fed Keeps Hiking Interest Rates

But that reputation has taken a beating this year.

Reshuffling a portfolio while the cash cushion behind the dividend keeps shrinking is a tougher setup in a world of expensive debt than starting from a clean balance sheet.

01 $17B Market cap calculated using publicly traded shares outstanding only.

Constellation is doing the opposite on both counts.

87 $19B Market cap calculated using publicly traded shares outstanding only.

Read the full account of the story.

More from the Markets desk

More from Markets · Back to Polaris Insights