Constellation Brands Inc. (STZ Quick QuoteSTZ – Free Report) stock has been trending up the charts, owing to unparalleled strength in its beer business, which has been a key growth driver for years. Further, its wine & spirits business has been benefiting from its premiumization strategy focused on making investments to fuel growth of its power brands through innovation, capitalizing on priority, consumer trends, and product introductions. Additionally, its endeavors to adapt to the changes in the market, particularly growth of hard seltzer, have been tailwinds.