Reported 3 days ago
Jim Cramer suggests that investors should take advantage of a recent uptick in Brown-Forman Corporation's stock price to sell, as the company continues to face significant challenges, including an 18% year-to-date drop and a disappointing earnings report. Cramer highlights a shift towards less alcohol consumption, particularly among younger generations, and suggests that this trend is negatively impacting sales of popular brands like Jack Daniel's and their tequilas.
Source: YAHOO