Reported 1 day ago
In a recent episode, Jim Cramer criticized Constellation Brands, referring to it as a 'fallen idol' amidst the company's struggle with declining sales due to consumer preferences shifting under the influence of GLP-1 drugs. Cramer noted that Constellation, known for its popular beer and spirit brands, exemplifies the broader issues facing consumer packaged goods. Despite acknowledging its potential, he suggested investors consider AI stocks for better prospects.
Source: YAHOO