Alcohol producer Constellation Brands secured a nod from the the Oracle of Omaha. "It's a positive for Constellation Brands ... it's a big vote of confidence," CFRA analyst Garrett Nelson said. Other investors follow Berkshire Hathaway's moves quite often "given [its] track record of success going back many decades.

Warren Buffett’s Berkshire Hathaway has invested significantly in Constellation Brands, the company behind popular beer labels like Corona, Modelo, and Pacifico. Berkshire acquired a $1.24 billion stake in Constellation,